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Property profile & analytics
OFF-MARKET Estimated value $3,190,000
Office buildings

2699 Un Ave San Jose, CA 95124-1334

9,363 SF 1.2 ac lot Built 2013
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3782522
Property summary
AI-generated overview

This exceptional retail property, located at 2699 Union Ave in San Jose, California, offers 11,722 square feet of versatile commercial space currently available for lease. The property is situated in Santa Clara County, zip code 95124, and comprises four individual suites, providing flexibility for various business needs. Each suite offers a minimum of 1,348 square feet, with a maximum contiguous space of 4,134 square feet. The entire 11,722 square foot building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual suites. This prime location on Union Avenue offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The property's multiple suite configuration allows for customization and adaptability to suit diverse business requirements. With its strategic location in San Jose's thriving commercial district, this property presents a compelling investment opportunity for businesses seeking a high-traffic, easily accessible location. The property is categorized as a multi-tenant retail space, offering a range of sizes to accommodate different business needs and scales. Interested parties are encouraged to inquire about lease terms and conditions. The property's address is 2699 Union Ave, San Jose, CA 95124.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2013
Total area 9,363 SF
Lot 1.2 ac (52,388 SF)
Zoning code CN(PD
APN 412-22-053
UPID US09-3782522
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
  • T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
  • McDonald's Restaurant Take-out & Catering
  • Chase Mortgage Loan Service Bank
  • Chase Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.19M
Owner & transaction history
Lamb Desert Rose LLC · 3 yrs held
Lamb Desert Rose LLC
since 2022
2 recorded transactions
2022
Price N/A
2016
Price N/A
Zoning & alternative use
CN(PD · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $4.5M +21.8%
Warehouse, storage $4.3M +16.5%
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