1585 The AlamedaSan Jose, CA 95126

  • Office properties
  • 4,324 SF
For Lease
$33/SF/YR View listing

Property Details for 1585 The Alameda

Year built
1916
Lot size
0.44 AC
Property size (Sq ft)
4,324 SF
Zone code
C1
Property type
Office properties
Property subtype
Office buildings
APN
261-19-006
APU
26119006

Description

This exceptional two-story office building, located at 1585 The Alameda in San Jose, CA 95126, offers a versatile workspace ideal for a variety of businesses. The building boasts a total of 4,363 square feet, with 1,237 square feet currently available for lease. The property's traditional Victorian architecture provides a unique and attractive setting. The available space is part of a multi-tenant building, offering a collaborative environment. The building features convenient common area bathrooms located on each floor. Its prime location just off The Alameda, a major San Jose thoroughfare, south of Interstate 880 and Santa Clara University, ensures excellent visibility and accessibility. The building is currently without elevators. This is a fantastic opportunity to secure a well-situated office space in a thriving San Jose neighborhood. The property type is classified as Traditional Office, Executive Office, and Creative Office, making it suitable for a range of professional uses. The address is easily accessible and provides excellent visibility for businesses. The building's unique architectural style adds to its appeal and provides a distinctive professional image. The available space presents a rare opportunity to establish a presence in a desirable San Jose location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,352,453
    6.5%
    $1,248,418
    7%
    $1,159,245
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,206,007
    Geo Method
    $1,206,007
  • Alternative Use

    Use
    Valuation
    Residential
    $1,548,038
    Hospitality
    $1,417,995
    Educational
    $1,179,755
    Medical
    $1,220,329
    Retail
    $1,835,174
1585 The Alameda, San Jose, California
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Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.3349
Longitude
-121.917
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
$34,635
$1,880,586
$967,669
$2,848,255
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