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Property profile

3098 Florence Ave San Jose, CA 95127

OFF-MARKET
Land
Property ID
US09-2036705
20,909 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Total area 20,909 SF
UPID US09-2036705

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
  • Church

Location

3098 Florence Ave San Jose, CA 95127
San Jose metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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