300 Park AveSan Jose, CA 95110

  • Office properties
  • 340,000 SF
For Lease
$48/SF/YR View listing

Property Details for 300 Park Ave

Year built
2009
Lot size
0.65 AC
Property size (Sq ft)
340,000 SF
Zone code
CG(PD
Property type
Office properties
Property subtype
Office buildings
APN
259-43-074
APU
25943074

Description

Riverpark II offers a remarkable 5,630 square feet of immediately available traditional office space in the heart of Downtown San Jose. Located at 300 Park Avenue, this exceptional space boasts a full-floor presence with two double-door entries conveniently situated near the elevators. The suite includes 24 private offices, seven conference rooms of varying sizes, and a large boardroom, perfect for accommodating a diverse workforce. Amenities are plentiful, featuring a full-size kitchen and a coffee bar, enhancing employee comfort and productivity. Onsite parking is available, adding to the convenience of this exceptional location. The building offers secure access and a recently updated main lobby with a security check-in system, ensuring a safe and professional environment. The property enjoys excellent access to Highway 87, providing easy commuting, and is within walking distance of the VTA light rail system, offering convenient public transportation options. Numerous amenities are nearby, making this location highly desirable. The lease term extends until March 31, 2028. This is a rare opportunity to secure a substantial, well-appointed office space in a highly sought-after San Jose location. The maximum contiguous space available is 5,630 square feet, though the building offers larger suites up to 19,753 square feet. Contact us today to schedule a viewing.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $131,623,504
    6.5%
    $121,498,624
    7%
    $112,820,152
  • Comparable approach

    Method
    Valuation
    Relative Method
    $94,829,400
    Geo Method
    $94,829,400
  • Alternative Use

    Use
    Valuation
    Residential
    $150,658,288
    Hospitality
    $138,002,192
    Educational
    $114,816,200
    Medical
    $118,764,904
    Retail
    $178,602,976
300 Park Ave, San Jose, California
Leaflet | © OpenStreetMap contributors

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.3292
Longitude
-121.895
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
$1,978,992
$8,924,151
$162,257,827
$171,181,978
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