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Property profile & analytics
FOR SALE
Super regional malls

2180 Eastridge Loop San Jose, CA 95122

257,907 SF 21.9 ac lot Built 1971
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2518702
Property summary
AI-generated overview

This exceptional investment opportunity presents a substantial 260,077-square-foot vacant retail space, formerly occupied by Sears and its Auto Center, situated within the Eastridge Center Mall in San Jose, California. The property, located at 2180 Eastridge Loop, San Jose, CA 95122, comprises two buildings across two stories, built in 1971 and renovated in 2018. The expansive lot encompasses 21.9 acres and offers ample parking, with a ratio of 3.33 spaces per 1,000 square feet. The property features a CG zoning designation, allowing for flexible development options. With a total of two units and a fee simple ownership structure, this property presents a unique chance to redevelop a significant retail presence in a high-traffic area. The property's location within Santa Clara County provides access to a substantial consumer base. The APN is 491-04-049. This large-scale retail space offers significant potential for revitalization and reimagining, catering to a wide range of retail uses. The property's size and location make it an attractive investment for those seeking a high-impact retail development project.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1971
Total area 257,907 SF
Lot 21.9 ac (953,964 SF)
Zoning code CG
APN 491-04-049
UPID US09-2518702
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sears Appliance Repair Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Intelli LLC · 3 yrs held
Intelli LLC
since 2022
Last sale
$24.8M
3 recorded transactions
2022
$24.8M
2019
Price N/A
2015
Price N/A
Zoning & alternative use
CG · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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