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Property profile & analytics
FOR LEASE
Office buildings
1245 S Winchester Blvd San Jose, CA 95128
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US10-1939860
For Lease
1 / 29
$42 SF/Yr
1245 S Winchester Blvd, San Jose, CA 95128
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Property summary
AI-generated overview
This exceptional San Jose office property, located at 1245 & 1275 S. Winchester Blvd, offers a total of 71,781 square feet of premium executive office space across two three-story buildings. The property is situated in Santa Clara County, California, with a convenient zip code of 95128. Multiple tenancy options are available, with five suites in total. Individual suites range from a minimum of 1,462 square feet to a maximum contiguous space of 10,310 square feet, providing flexibility for businesses of various sizes. Currently, there are 18,187 square feet of vacant space ready for immediate occupancy. This presents a unique opportunity for businesses seeking modern, efficient, and well-located office space in the heart of San Jose. The property's strategic location offers easy access to major transportation routes and amenities, making it an ideal choice for companies seeking a productive and convenient work environment. Contact us today to explore the leasing options and discover how this property can meet your business needs.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Construction
WOOD
Total area
68,012 SF
Lot
3.42 ac (148,975 SF)
Zoning code
CP
APN
299-01-010
UPID
US10-1939860
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
-
iOPEX Technologies Automation Company Consultant
-
SilRay, Inc. Solar Energy Company
-
Comerica Bank Bank Loan Service
-
Akash Jaggi, Psychiatrist Physician
-
Daria Pasca, Psychiatrist Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.90M
Blend (final)
Blend
$15.48M
Owner & transaction history
Winchester Dev Grp LLC · 10 yrs held
Winchester Dev Grp LLC
since 2015
7 recorded transactions
Zoning & alternative use
CP · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Jose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Jose submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.48M
Range $13.93M – $17.03M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$228 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$14,350,853
Assessed 2023
Previous assessed
$14,350,853
+0.0% YoY
Assessed land
$11,014,186
Assessed improvement
$3,336,667
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1974
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
3
Units
28
Total area
68,012 SF
Lot
3.42 ac (148,975 SF)
Zoning code
CP
APN
299-01-010
UPID
US10-1939860
Jurisdiction
SANTA CLARA
Zoning & alternative use
CP · San Jose, CA
Zoning CP · permitted uses
CP · San Jose, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Jose. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
3
Buildings
2
Units
28
Lot
3.42 ac
Current owner
From public records · entity-resolved
Winchester Dev Grp LLC
Entity
Mailing address
1245 S WINCHESTER BLVD STE #301, SAN JOSE, CA 95128-3908
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2018
—
Winchester Dev Group LLC
—
Deed
related
$2,000,000 · First Republic Bk
Feb 7, 2017
—
Winchester Development Group LLC
—
Deed
related
$2,000,000 · First Republic Bank
Aug 31, 2015
$9,600,000
Winchester Dev Grp LLC
Winchester Payne LLC
Grant Deed
$6,775,000 · Us Bk NA 2006-c5 (ce)
May 8, 2000
—
Grattan Trust
Borelli/salera 18 LLC
Trustees Deed
related
—
May 16, 1997
—
Borelli/salera #18 LLC
Golden Pacific Office Cntr LP
Grant Deed
$4,050,000 · Comerica Bank California
—
—
Winchester Dev Group LLC
—
Loan Modification
related
$2,000,000 · First Republic Bk
—
—
Weil Trust
—
Deed Of Trust
related
$1,250,000 · Home Savings Of America
—
—
Winchester Payne LLC
—
Deed Of Trust
related
$6,775,000 · Lasalle National Bank
—
—
Winchester Payne LLC
—
Deed Of Trust
related
$6,525,000 · Barry S Slatt Mortgage Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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