1855 Hamilton Ave San Jose, CA 95125
- Office buildings
- 10,179 SF
- 0.77 lot acres
Current Use by Public Records
- Octave Software Group / Software Company
- Francis Zera Photography / Photographer
- J T Wakimoto Management Inc / Property Management Company
- ECO-IT Networking Inc / Computer Consultant / Computer Networking Service
- WRP Tax / Tax Preparation Service
Property Details for 1855 Hamilton Ave
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 0.77 lot acres
- Property size
- 10,179 SF
- Zone code
- OA
- Property type
- Office buildings
- APN
- 284-21-037
- APU
- 28421037
Description
This exceptional two-story, 10,000 square foot Class B office building presents a compelling opportunity in the heart of San Jose's vibrant Silicon Valley. Located at 1855 Hamilton Avenue, this property boasts a convenient address, just moments from major tech employers like eBay and the popular Pruneyard Shopping Center. The building features elevator service and is currently 50% occupied, offering immediate income potential for investors and significant upside for owner-users. The property's traditional office layout is adaptable to a variety of business needs. With a permitted Commercial Office (CO) zoning designation, the possibilities are numerous. The single building sits on a lot identified by APN 28421037. Its strategic location provides effortless access to major freeways including Highway 17, 87, and I-280, ensuring seamless commutes for employees and clients. The asking price for this well-positioned asset is $5,050,000. This presents a rare chance to acquire a substantial office property in a high-demand area, offering both immediate returns and long-term growth potential. The building's existing occupancy provides a stable foundation, while the vacant space allows for customization and expansion. Don't miss this chance to secure a prime piece of Silicon Valley real estate.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,993,000
Market price range: $2.26M - $6.73M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $4,045,000
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Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.92
- Latitude
- 37.2949
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA