Technical
Financial
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Property profile

125 Ciro Ave San Jose, CA 95128

OFF-MARKET
Office buildings
Property ID
US09-0938997
28,990 SF 0.94 ac lot Built 2007
Entity Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A medical office building, located in the vibrant Midtown San Jose submarket, offers 2,644 square feet of immediately available space. Situated on a 0.95-acre lot, this two-story building boasts a total of 39,975 square feet, divided into four suites. The minimum divisible space is 2,644 square feet, with a maximum contiguous space of 19,987 square feet, providing flexibility for various medical practices. Built in 2010, the building features a 12-foot ceiling height, creating a spacious and modern environment. Convenient amenities include elevator service and ample parking with 50 spaces. Its prime location offers high visibility and accessibility, being directly across Forest Avenue from O'Connor Hospital, within walking distance of Valley Fair Mall and Santana Row, and just four miles west of Downtown San Jose and three miles south of San Jose Mineta International Airport. The building's zoning is CO, and its building floor area ratio (FAR) is 0.97. This is a rare opportunity to secure high-quality medical office space in a highly desirable location. The available space is perfect for a variety of medical uses. Contact us today to schedule a showing.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Construction TILT-UP CONCRETE
Total area 28,990 SF
Lot 0.94 ac (40,946 SF)
Zoning code CO
APN 274-59-065
UPID US09-0938997

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
  • Physician Hospital
  • Orthotics & Prosthetics Service
  • Physician
  • Physician
  • Physician

Location

125 Ciro Ave San Jose, CA 95128-1671
San Jose metro Census 502001 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.88M

Owner & transaction history

since 2010
2 recorded transactions
2010
$5.2M
2005
Price N/A

Zoning & alternative use

CO · San Jose, CA
Zoning description

CO Commercial Office District. The CO Commercial Office District is a district in or near residential areas or between residential and commercial areas. This district is intended to be a low-intensity office zone that al…

General category COMMERCIAL
Top alternative use upside
Retail stores $16.0M +16.4%

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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