1655 Berryessa Rd San Jose, CA 95133
For Sale
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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.
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Celtis Group, Inc. Landscaping General Contractor
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Facchino Freight Lines Trucking Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · San Jose, CASan Jose. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.