3098 Florence Ave, San Jose, CA 95127
This exceptional 0.481-acre commercial land parcel, located at 3098 Florence Ave in San Jose, CA 95127, presents a unique investment opportunity. The property boasts a substantial 20,909 square foot building suitable for a variety of commercial uses. Zoned as Commercial Pedestrian (CP), this site offers flexibility for development within the established guidelines of Santa Clara County. The APN is 484-25-093. The single-tenant configuration provides a streamlined approach to ownership and management. The property's location within San Jose's vibrant commercial landscape ensures high visibility and accessibility. The existing building provides immediate potential for occupancy or redevelopment, catering to a range of business needs. This is an ideal opportunity for investors seeking a well-positioned commercial property in a thriving market. The property is situated in a Commercial Neighborhood District, allowing for a variety of commercial uses without size restrictions on stores, unlike the CP district. This makes it suitable for neighborhood centers, multi-tenant developments, and smaller commercial establishments. The property's size and zoning provide significant potential for future growth and development. Don't miss this chance to acquire a valuable asset in a prime San Jose location.
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New Mission Church of God Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miSimilar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.