909 Park Ave San Jose, CA 95126
- Retail space
- 5,040 SF
- 0.16 lot acres
Current Use by Public Records
- Retail space
Property Details for 909 Park Ave
- Year built
- 1948
- Lot size
- 0.16 lot acres
- Property size
- 5,040 SF
- Zone code
- M1
- Property type
- Retail space
- APN
- 261-31-057
- APU
- 26131057
Description
This exceptional 7,816 square foot commercial land parcel, located at 909 Park Avenue in San Jose, California (zip code 95126), presents a unique redevelopment opportunity. Currently zoned M1, the property is being offered at land value, priced at $1,150,000 ($147.13/SF). The site, identified by APN 261-31-057, sustained significant fire damage and requires complete reconstruction. This presents a blank canvas for a visionary developer to create a new commercial project tailored to the needs of the vibrant San Jose market. Given its size and location within Santa Clara County, this property offers substantial potential for a variety of commercial uses, subject to necessary permits and approvals. The property's strategic location provides excellent access to major transportation arteries and a thriving business community. Investors seeking a high-impact project with significant upside will find this a compelling investment. Serious inquiries are encouraged to explore the possibilities of this prime San Jose commercial land. The property is sold as-is.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $285,000
- 6.5%
- $265,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $280,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $255,000
- Mixed-Use
- $245,000
- Hospitality
- $275,000
- Educational
- $265,000
- Residential Income
- $280,000
- Energy
- $260,000
- Income-Based Land
- $215,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.908
- Latitude
- 37.3264
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA