25 Metro DrSan Jose, CA 95110

  • Office properties
  • 429,535 SF
For Lease
$4.25/SF/YR View listing

Property Details for 25 Metro Dr

Year built
1987
Construction
CONCRETE
Lot size
7.44 AC
Property size (Sq ft)
429,535 SF
Zone code
C
Property type
Office properties
Property subtype
Office buildings
APN
230-29-084
APU
23029084

Description

Metro Plaza, located at 25 Metro Dr, San Jose, CA 95110, offers a premier executive office opportunity in a three-building complex totaling 494,272 square feet. This impressive property, situated on 7.169 acres and boasting a convenient cross street of N 1st St, features seven stories and provides flexible space options ranging from a minimum of 1,471 square feet to a maximum contiguous space of 26,706 square feet. Currently, 116,354 square feet of space is available for lease. The buildings are interconnected by a breezeway and include a 21,512 square foot retail arcade. On-site amenities are abundant, including conference centers, fitness centers with showers, and ample free parking in both surface lots and secured garages. Built in 1986, the property benefits from on-site management and security, ensuring a safe and efficient work environment. The property's location in Santa Clara County provides easy access to major transportation routes and a thriving business community. This is an exceptional opportunity for businesses seeking high-quality office space in a well-maintained and amenity-rich complex. The parking ratio is 3 spaces per 1,000 square feet.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $166,285,008
    6.5%
    $153,493,856
    7%
    $142,530,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $119,801,608
    Geo Method
    $119,801,608
  • Alternative Use

    Use
    Valuation
    Residential
    $190,332,384
    Hospitality
    $174,343,440
    Educational
    $145,051,696
    Medical
    $150,040,240
    Retail
    $225,635,968
25 Metro Dr, San Jose, California
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Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.3691
Longitude
-121.918
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
2023
-
$14,983,582
$73,808,020
$88,791,602
-
-
-
-

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