Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1607 Terminal Ave San Jose, CA 95112-4318
    Back to Search
    Property profile & analytics

    1607 Terminal Ave, San Jose, CA 95112-4318

    View on Map
    • Industrial properties
    • 6,060 SF
    • 0.41 lot acres
    Off-Market
    Property ID
    US09-1496183
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,105,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Asphalt Maintenance Systems Incorporated / General Contractor / Construction Company
    • B & E Leasing Inc / Trucking Company
    • parking lot installation sunnyvale / Parking Lot & Garage

    Property Details for 1607 Terminal Ave

    Year built
    1961
    Lot size
    0.41 lot acres
    Zone code
    LI
    Property type
    Industrial properties
    APN
    237-27-017
    APU
    23727017

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 31, 2007 — Merritt Trust Kragen Adrian A Trust Grant Deed · related —
    May 18, 2005 — Robin Merritt Kragen,adrian A Affidavit Of Death · related —
    Sep 9, 1999 — Kragen Trust Kragen,adrian A Quit Claim Deed · related —
    Dec 19, 1997 $39,500 Merritt,robin Adler,robert Trustees Deed —
    Dec 19, 1997 — Kragen,kenneth Bercovich Trust Trustees Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,520,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.906
    Latitude
    37.3674
    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
    $16,242
    $1,019,592
    $265,302
    $1,284,894
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.12 Acres

      477 Burke St

      INDUSTRIAL (GENERAL)
      477 Burke St, San Jose, CA 95112-4101
      View Details
    • Value Estimation by Request
      0.62 Acres

      580 Parrott St

      INDUSTRIAL (GENERAL)
      580 Parrott St, San Jose, CA 95112-4120
      View Details
    • Value Estimation by Request
      0.90 Acres

      1699 10th St

      INDUSTRIAL (GENERAL)
      1699 10th St, San Jose, CA 95112-2518
      View Details
    • Value Estimation
      $1,270,000
      9,900 SF

      1324 10th St

      INDUSTRIAL (GENERAL)
      1324 10th St, San Jose, CA 95112-2803
      View Details
    • Value Estimation
      $3,490,000
      22,464 SF

      1815 10th St

      INDUSTRIAL (GENERAL)
      1815 10th St, San Jose, CA 95112
      View Details
    • Value Estimation
      $670,000
      4,800 SF

      1860 10th St, Unit 18

      CONDOMINIUMS (INDUSTRIAL)
      1860 10th St, San Jose, CA 95112-4108
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      99,740 SF

      San Jose Industrial Building For Sale

      99,740 SF industrial building on 3.2 acre site.
      1102 South 3Rd St, San Jose, CA 95112
      View Details
    • Contact for pricing
      15,124 SF

      San Jose Industrial/Office Opportunity

      Industrial/Office property available for sale in San Jose.
      840 Jury Ct, San Jose, CA 95112
      View Details
    • Contact for pricing
      38,208 SF

      Industrial Building in San Jose

      38,208 SF industrial building on 3.9 acre site.
      190 Keyes St, San Jose, CA 95112
      View Details
    • $12,000,000
      33,240 SF

      San Jose Industrial Building For Sale

      Centrally located industrial building with investment or owner-user potential.
      1811 S 7Th St, San Jose, CA 95112
      View Details
    • Contact for pricing
      7,390 SF

      Industrial Property with Business Opportunity

      Industrial property with turnkey machine shop, business purchase option.
      1180 5Th St, San Jose, CA 95112
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Property for Rent

      Industrial property available for rent in San Jose, CA.
      2020 South 10Th St, San Jose, CA 95112
      View Details
    • Contact for pricing
      1,840 SF

      San Jose Flex/Industrial Space

      Flex/industrial space near San Jose Airport and light rail.
      1430 Koll Cir, San Jose, CA 95112
      View Details
    • Contact for pricing
      30,582 SF

      San Jose Flex/Industrial Space

      30,582 SF flex/industrial space near Google Brokaw Campus.
      148-150 E Brokaw Rd, San Jose, CA 95112
      View Details
    • Contact for pricing
      3,369 SF

      San Jose Flex Space Available

      Flex space available now with warehouse option in San Jose.
      911 Bern Ct, San Jose, CA 95112
      View Details
    • Contact for pricing
      12,410 SF

      San Jose Freestanding Industrial Building

      12,410 SF freestanding building with secure fenced yard.
      1452 N 4Th St, San Jose, CA 95112
      View Details
    • Contact for pricing
      29,670 SF

      San Jose Warehouse with Office

      29,670 SF warehouse with 8,500 SF office space.
      1800 S 10Th St, San Jose, CA 95112
      View Details

    Property Visit Statistics

    • Visits by month
      786
    • Visitors by month
      619
    • Avg Time on site
      20 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1607 Terminal Ave
    San Jose, CA 95112-4318
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1607 Terminal Ave, San Jose, CA, 95112
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!