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Property profile

1058 Evelyn Ave Sunnyvale, CA 94086

OFF-MARKET
Industrial properties
Property ID
US09-0924056
10,336 SF 0.52 ac lot Built 1962
Trust Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 10,336-square-foot industrial manufacturing facility in Sunnyvale, California, presents a compelling owner-user opportunity with existing lease income. Located at 1058 W Evelyn Avenue, this single-story building sits on a 0.52-acre lot and features six dock-high doors, including two oversized 16-foot-wide doors, perfect for efficient loading and unloading. The building boasts impressive ceiling heights ranging from 12 to 15 feet, providing ample vertical space for various manufacturing operations. The property includes 24 parking spaces, one designated for handicap accessibility, and a fenced yard measuring 56 feet by 50 feet. Currently configured as a four-tenant building, the property offers flexibility for an owner-user to occupy a portion while generating income from the remaining space. The property is zoned MS and has a 1,200-amp, 120/240-volt power supply, with each unit separately metered for convenient utility management. The asking price is $4,200,000. The property's location in Sunnyvale, CA (zip code 94086), near Mary Avenue, offers excellent access to major transportation routes and a skilled workforce. Currently, the building is 58% vacant, presenting a significant opportunity for expansion or lease-up. APN: 161-35-003.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1962
Construction TILT-UP CONCRETE
Total area 10,336 SF
Lot 0.52 ac (22,525 SF)
Zoning code M1
APN 161-35-003
UPID US09-0924056

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Auto Repair Shop

Location

1058 Evelyn Ave Sunnyvale, CA 94086-5743
Sunnyvale metro Census 509106 SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$2.07M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2000
Price N/A
1997
Price N/A
1997
Price N/A
1996
$534,000
1992
Price N/A
1969
Price N/A

Zoning & alternative use

M1 · Sunnyvale, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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