2040 Forest AveSan Jose, CA 95128

Property Details for 2040 Forest Ave

Year built

1960

Construction

WOOD

Lot size

0.34 AC

Property size (Sq ft)

3,682 SF

Zone code

CO

Property type

Office properties

Property subtype

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,151,649

  6.5%

  $1,063,061

  7%

  $987,128

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,026,947

  Geo Method

  $1,026,947

• Alternative Use

  Use

  Valuation

  Residential

  $1,318,196

  Hospitality

  $1,207,460

  Educational

  $1,004,593

  Medical

  $1,039,142

  Retail

  $1,562,700

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3268

Longitude

-121.935

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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