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    20640 3rd St Saratoga, CA 95070-6806

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    20640 3rd St Saratoga, CA 95070-6806


    • Office buildings
    • 7,262 SF
    • 0.05 lot acres
    Off-Market
    Last Sale May 24, 2021
    $4,400,000
    Property ID
    US09-5334391
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $4,385,000
    Show details
    Cap Rate Potential
    6.2%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • ARIA Wealth Management / Financial Advisor
    • Ashvini Ayurveda / Alternative Medicine Practice
    • Zip-Bit, Inc. / Industrial Manufacturer / Production Facility
    • Cypress Group / Construction Company / General Contractor
    • Rejuvenate Eastern Healthcare,Inc. / Medical Clinic / Alternative Medicine Practice

    Property Details for 20640 3rd St

    Year built
    1901
    Construction
    WOOD
    Lot size
    0.05 lot acres
    Property size
    7,262 SF
    Zone code
    CC
    Property type
    Office buildings
    APN
    503-24-087
    APU
    50324087

    Description

    This exceptional retail opportunity is located at 20640 3rd Street in Santa Clara County, California. The property offers a total of 943 square feet of vacant space, currently available for lease as two separate units. Each unit is highly adaptable and can accommodate a variety of retail businesses. One space offers a minimum of 370 square feet, while the maximum contiguous space available is 573 square feet. The flexible layout allows for customization to meet individual tenant needs. This prime location in Santa Clara County provides excellent visibility and accessibility, making it an ideal space for businesses seeking high foot traffic and strong community engagement. The property is categorized as commercial retail with multiple tenancy options. The building's total square footage is 943 square feet, entirely vacant and ready for immediate occupancy. This presents a unique chance for businesses to establish a presence in a thriving area. Serious inquiries are encouraged to explore the possibilities of this versatile retail space and secure their place in this dynamic location. The property is easily accessible and benefits from high visibility, making it an attractive option for businesses looking to establish a strong presence in the area. The flexible layout and ample space provide opportunities for customization and adaptation to suit various retail concepts.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,425,000
      ML approach
      $4,315,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,540,000
      6.5%
      $4,190,000
      7%
      $3,895,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,732,000
      Market price range: $840k - $4.69M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,310,000
      Current use
      RETAIL STORES
      $3,885,000
      Change: -10% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Saratoga
    County
    Santa Clara
    State
    California
    Longitude
    -122.034
    Latitude
    37.2576
    CBSA code
    41940
    CBSA name
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $55,109
    $1,087,738
    $3,581,577
    $4,669,315
    -
    $0.00
    $0.00
    $0.00
    More about this property
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