125 Ciro AveSan Jose, CA 95128

Property Details for 125 Ciro Ave

Year built

2007

Construction

TILT-UP CONCRETE

Lot size

0.94 AC

Property size (Sq ft)

28,990 SF

Zone code

CO

Property type

Office properties

Property subtype

Office buildings

APN

274-59-065

APU

27459065

Description

This exceptional Class A medical office building, located in the vibrant Midtown San Jose submarket, offers 2,644 square feet of immediately available space. Situated on a 0.95-acre lot, this two-story building boasts a total of 39,975 square feet, divided into four suites. The minimum divisible space is 2,644 square feet, with a maximum contiguous space of 19,987 square feet, providing flexibility for various medical practices. Built in 2010, the building features a 12-foot ceiling height, creating a spacious and modern environment. Convenient amenities include elevator service and ample parking with 50 spaces. Its prime location offers high visibility and accessibility, being directly across Forest Avenue from O'Connor Hospital, within walking distance of Valley Fair Mall and Santana Row, and just four miles west of Downtown San Jose and three miles south of San Jose Mineta International Airport. The building's zoning is CO, and its building floor area ratio (FAR) is 0.97. This is a rare opportunity to secure high-quality medical office space in a highly desirable location. The available space is perfect for a variety of medical uses. Contact us today to schedule a showing.

• CAP approach

  CAP return

  Valuation

  6%

  $9,067,440

  6.5%

  $8,369,944

  7%

  $7,772,091

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,085,601

  Geo Method

  $8,085,601

• Alternative Use

  Use

  Valuation

  Residential

  $10,378,731

  Hospitality

  $9,506,862

  Educational

  $7,909,598

  Medical

  $8,181,620

  Retail

  $12,303,818

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3263

Longitude

-121.939

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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