Individually Owned Property summary
This exceptional 10,104 square foot office building, situated on a 0.6-acre lot in Santa Clara County, presents a unique investment opportunity. Built in 1974, the two-story masonry structure offers multiple tenancy options, with spaces ranging from 170 to 1,110 contiguous square feet. Currently, 1,530 square feet are vacant and immediately available for lease. The property boasts a highly visible location and is zoned CC (Commercial Corridor), offering potential for development with a FAR of 0.41. Ample parking is provided with 32 spaces, supplemented by convenient street parking. The building is serviced by Silicon Valley Power, ensuring reliable utility access. The property's APN is 224-20-055. Short-term leases are available, making it ideal for businesses seeking flexible options. This owner-user opportunity presents a compelling value-add proposition, whether for owner-occupation or leasing as an investment. The asking rent is $2.50 per square foot.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising Advertising Agency
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Marketing & Advertising Advertising Agency
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Charitable Organization
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Advertising Agency Marketing & Advertising
Location
Value estimations
Owner & transaction history
Zoning & alternative use
2. Mixed Use - Community Commercial (MU-CC). The purpose of the MU -CC Mixed Use Community Commercial Zone is to provide land areas for the construction, use, and occupancy for pedestrian- oriented developments that focu…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CC · Santa Clara, CA2. Mixed Use - Community Commercial (MU-CC). The purpose of the MU -CC Mixed Use Community Commercial Zone is to provide land areas for the construction, use, and occupancy for pedestrian- oriented developments that focu…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
2. Mixed Use - Community Commercial (MU-CC). The purpose of the MU -CC Mixed Use Community Commercial Zone is to provide land areas for the construction, use, and occupancy for pedestrian- oriented developments that focu…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC in Santa Clara, CA.
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