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    FOR SALE
    Commercial real estate

    3098 Florence Ave, San Jose, CA 95127

    20,909 SF
    Property ID
    US09-2036705
    3098 Florence Ave, San Jose, CA 95127 For Sale
    $2,220,000 20,909 SF
    3098 Florence Ave, San Jose, CA 95127
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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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • New Mission Church of God Church
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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