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Property profile & analytics
FOR SALE
Distribution properties

1655 Berryessa Rd San Jose, CA 95133

9,740 SF 10.5 ac lot Built 1975
Entity Owned Absentee Owner Free & Clear
Property ID
US09-3849133
Property summary
AI-generated overview

This exceptional 2.23-acre commercial land parcel presents a unique investment opportunity in San Jose's burgeoning Berryessa district. Located at 1655 Berryessa Road, this site is strategically positioned within the Facchino District of the Berryessa BART Urban Village plan, offering significant development potential. The planned capacity for the greater Facchino District encompasses up to 820 residential units and up to 464,000 square feet of commercial space, ensuring a vibrant and growing surrounding community. This property's prime location is adjacent to the thriving Market Park transit-oriented development, which boasts a 101,000 square foot retail center anchored by Safeway and CVS. Market Park also includes 1,000 existing and up to 3,450 future residential units, and up to 3.5 million square feet of commercial space, creating a robust and dynamic environment. Potential development options for this 2.23-acre site include office space or an assisted living facility, catering to the growing demand in this rapidly developing area. The asking price for this exceptional property is $18,500,000. This is a rare chance to acquire a significant land parcel in a high-growth area with excellent infrastructure and strong future prospects. The property is situated in Santa Clara County, California, with a zip code of 95133.

Property profile
Verified
Property type Distribution properties
Use group BUS TERMINAL
Year built 1975
Total area 9,740 SF
Lot 10.5 ac (457,424 SF)
Zoning code M1
APN 241-03-025
UPID US09-3849133
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
  • Celtis Group, Inc. Landscaping General Contractor
  • Facchino Freight Lines Trucking Company
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
by Request
Owner & transaction history
Kb Home Southbay INC
Kb Home Southbay INC
since 2026
Last sale
$9.4M
7 recorded transactions
2026
$9.4M
2025
Price N/A
2025
Price N/A
2021
Price N/A
2018
Price N/A
2018
Price N/A
2018
Price N/A
Zoning & alternative use
M1 · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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