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Property profile & analytics
FOR SALE
Warehouses

1102 South 3Rd St San Jose, CA 95112

94,287 SF 2.49 ac lot Built 1919
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1446124
1102 South 3Rd St, San Jose, CA 95112 For Sale
$20,375,000 94,287 SF
1102 South 3Rd St, San Jose, CA 95112
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Property summary
AI-generated overview

This exceptional 99,740-square-foot warehouse, situated on a 3.2-acre lot in San Jose, California (95112), presents a compelling investment opportunity. The property boasts a versatile zoning designation, encompassing both Light Industrial (LI) and Heavy Industrial (HI) uses, offering significant flexibility for a wide range of businesses. The warehouse features impressive ceiling heights ranging from 13 to 19 feet, providing ample vertical space for storage and operations. Access is enhanced by four dock-high doors and one double-wide dock-high door/grade-level ramp, facilitating efficient loading and unloading. The building also includes approximately 10% office space. Electrical service is robust, with 600 amps at 120/208 voltage. Its strategic location provides excellent access to major transportation arteries, including Interstates 280 and 680, as well as Highways 87 and 101, ensuring seamless connectivity throughout the Bay Area. The asking price for this substantial industrial property is $19,949,995. Note that an adjacent property at 190 Keyes St, totaling 137,948 square feet, is also available for purchase.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1919
Construction TILT-UP CONCRETE
Total area 94,287 SF
Lot 2.49 ac (108,631 SF)
Zoning code M1
APN 477-01-078
UPID US09-1446124
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Garden City Recycle & Salvage Big Box & Wholesale Store Building Supply
  • JTR & Co Inc Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$20.38M
Owner & transaction history
Vop Ref I Keyes LLC · 4 yrs held
Vop Ref I Keyes LLC
since 2021
Last sale
$22.3M
2 recorded transactions
2021
$22.3M
2021
Price N/A
Zoning & alternative use
M1 · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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