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Property profile & analytics

2040 Forest Ave San Jose, CA 95128

  • Office buildings
  • 3,682 SF
  • 0.34 lot acres
Value Estimation
$1,900,000
Last Sale
Nov 17, 2020
$2,075,000
Location Intelligence
Property ID
US09-2913301
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lee Uisik MD / Doctor
  • Covered California Certified Agent - Scott Yamamoto / Insurance Agency
  • Dhanu Kapoor, M.D. / Family Practice Physician
  • Sullivan Leslie A MD / Surgeon
  • Hieu Dao / Dentist

Property Details for 2040 Forest Ave

Year built
1960
Construction
WOOD
Lot size
0.34 lot acres
Property size
3,682 SF
Zone code
CO
Property type
Office buildings
APN
274-58-026
APU
27458026

Description

This single-story, 3,692 square foot Class C office building at 2040 Forest Ave, San Jose, CA 95128, offers 717 square feet of immediately available space in a multi-tenant building constructed in 1960. Located in Santa Clara County, the property boasts a contemporary design with ample natural light, a versatile layout adaptable to various business needs, and generous square footage for offices, meeting rooms, and storage. Modern amenities include high-speed internet, advanced security, climate control, and ample parking. Its prime location on Forest Ave provides high visibility and easy access to restaurants, cafes, shops, banks, and recreational facilities. Excellent transportation links, including public transit and major highways, ensure convenient commutes. Flexible lease terms and competitive pricing make this an exceptional opportunity for businesses seeking a thriving San Jose location. The property is suitable for medical, traditional, executive, or creative office uses.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,725,000
  • CAP approach

    CAP return
    Estimation
    6%
    $2,235,000
    6.5%
    $2,230,000
    7%
    $1,950,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,940,000
    Geo Method
    $2,305,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $2,075,000
    Retail
    $1,995,000
    Mixed-Use
    $2,400,000
    Hospitality
    $2,475,000
    Educational
    $2,445,000
    Residential Income
    $2,245,000
    Energy
    $1,900,000
    Income-Based Land
    $2,230,000
    Food Service
    $1,935,000

Location Insight

  • Map
  • Local Demand
City
San Jose
County
Santa Clara
State
California
Longitude
-121.935
Latitude
37.3268
CBSA code
41940
CBSA name
SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$28,382
$1,766,911
$435,095
$2,202,006
-
$0.00
$0.00
$0.00
More about this property
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