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20640 3rd St Saratoga, CA 95070-6806

OFF-MARKET Office buildings Google Maps
7,262 SF 0.05 ac lot Built 1901
Entity Owned 5-yr Hold ~ Est. High Equity
Estimated value (blended)
$4.43M
Range $3.98M – $4.87M (±10%)
Property ID US09-5334391

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1901
Construction WOOD
Total area 7,262 SF
Lot 0.05 ac (2,047 SF)
Zoning code CC
APN 503-24-087
UPID US09-5334391

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Alternative Medicine Practice
  • Industrial Manufacturer Production Facility
  • Construction Company General Contractor
  • Medical Clinic Alternative Medicine Practice

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.32M
CAP Approach CAP
$4.19M
Comparable Approach Comparable
$3.73M
Blend (final) Blend
$4.43M

Owner & transaction history

since 2021
Last sale
$4.4M
4 recorded transactions
2021
Price N/A
2021
$4.4M
2021
$600,000
2007
Price N/A

Zoning & alternative use

CC · Saratoga, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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