5883 Rue Ferrari San Jose, CA 95138
- Life science properties
- 95,760 SF
- 6.14 lot acres
Current Use by Public Records
- Carrington College / College / Medical School
- Jan Marini Skin Research / Corporate Office
- Axtel HQ / Corporate Office
- Cypress Envirosystems Inc / Manufacturer
- Carrington College Dental Hygiene Clinic San Jose / Dental Clinic
Property Details for 5883 Rue Ferrari
- Year built
- 1986
- Construction
- WOOD
- Lot size
- 6.14 lot acres
- Property size
- 95,760 SF
- Zone code
- IP
- Property type
- Life science properties
- APN
- 678-05-050
- APU
- 67805050
Description
This exceptional commercial property, located at 5883 Rue Ferrari, offers a unique blend of office and research & development space, ideal for a variety of businesses. The building boasts a substantial total area of 95,860 square feet, currently configured for multiple tenants. A significant portion of the building is currently occupied, demonstrating strong market demand and a stable tenant base. However, there is also a notable 13,616 square feet of vacant space immediately available for lease, presenting a fantastic opportunity for expansion or new tenancy. The property's classification as both commercial and R&D signifies its adaptability to diverse operational needs. This versatile space is well-suited for companies requiring a combination of office environments and specialized research or development facilities. The multi-tenant structure offers flexibility for businesses of varying sizes, fostering a collaborative and dynamic atmosphere. Interested parties are encouraged to inquire about lease terms and available floor plans to explore the possibilities this property offers. The substantial square footage and strategic location make this an exceptional investment opportunity for businesses seeking to establish or expand their presence in a thriving commercial area. The available vacant space provides immediate occupancy potential, minimizing downtime and maximizing operational efficiency. Don't miss this chance to secure a prime location in a dynamic market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $10,735,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $13,145,000
- 6.5%
- $11,830,000
- 7%
- $12,395,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $12,035,000
- Geo Method
- $13,355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $11,400,000
- Retail
- $12,720,000
- Mixed-Use
- $12,340,000
- Hospitality
- $14,245,000
- Educational
- $11,955,000
- Residential Income
- $13,305,000
- Energy
- $13,915,000
- Income-Based Land
- $13,875,000
- Food Service
- $10,995,000
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.777
- Latitude
- 37.2483
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
