326 Phelan Ave San Jose, CA 95112
- Industrial properties
- 4,000 SF
- 0.52 lot acres
Current Use by Public Records
- Allstar Plumbing / Plumber / Drainage Service
- Gogo Rooter / Plumber / Drainage Service
- VIP Tires vo xe Llantas / Tire Shop
Property Details for 326 Phelan Ave
- Year built
- 1961
- Lot size
- 0.52 lot acres
- Property size
- 4,000 SF
- Zone code
- HI
- Property type
- Industrial properties
- APN
- 477-26-051
- APU
- 47726051
Description
This exceptional San Jose investment opportunity encompasses a 1.03-acre lot (45,250 square feet) featuring two parcels, each spanning 22,625 square feet. The property includes two buildings totaling 4,000 square feet, comprising a warehouse and a smaller office space. The site boasts recently installed asphalt paving in the fenced yard, enhancing functionality and aesthetics. The property is zoned for Heavy Industrial use, making it ideally suited for contractors, landscapers, or similar businesses. Convenient access to major freeways, including Highways 280, 880, and 87, ensures seamless transportation. The sale includes a leaseback agreement for the rear half of the property by the seller, while the front portion is currently under a short-term lease. This presents a unique opportunity for investors seeking a strong return. SBA financing is available, simplifying the acquisition process. The property's APNs are 477-26-050 and 477-26-051. Detailed information and virtual tour are available online. This is a prime location for a variety of industrial uses in a thriving San Jose market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,140,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,165,000
- 6.5%
- $1,200,000
- 7%
- $1,220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,310,000
- Geo Method
- $1,250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,225,000
- Retail
- $1,200,000
- Mixed-Use
- $1,310,000
- Hospitality
- $1,010,000
- Educational
- $1,020,000
- Residential Income
- $1,005,000
- Energy
- $1,295,000
- Income-Based Land
- $1,115,000
- Food Service
- $1,115,000
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.864
- Latitude
- 37.3133
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
