1780 7th St San Jose, CA 95112-6003
- Manufacturing properties
- 10,800 SF
- 0.37 lot acres
Aug 25, 2024
Current Use by Public Records
- Manufacturing properties
Property Details for 1780 7th St
- Year built
- 1962
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.37 lot acres
- Property size
- 10,800 SF
- Zone code
- M4
- Property type
- Manufacturing properties
- APN
- 477-26-054
- APU
- 47726054
Description
This exceptional 10,800-square-foot warehouse, situated on a 0.37-acre lot in San Jose, California (95112), presents a compelling investment opportunity. Built in 1962, this single-story building boasts heavy industrial zoning, ensuring versatile usage potential. The property benefits from convenient highway access via Highways 87, 101, and 280, enhancing its logistical appeal. Internal features include HVAC, skylights, and sprinklers, contributing to a functional and well-maintained space. Currently leased until February 28, 2027, the lease includes a tenant responsibility for tax increases upon sale and features a 3% annual rent increase. The property's strong financial performance is underscored by a projected cap rate of 5.94% in 2024, rising to 6.12% in 2025. Located at 1780 S 7th St, near Timothy Rd, this warehouse offers a blend of established tenancy and future growth potential, making it an attractive addition to any investment portfolio. The asking price is $2,500,000. This property is zoned for heavy industrial use.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.863
- Latitude
- 37.3121
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA