320 3rd St San Jose, CA 95112-3648
This exceptional 5,080 square foot, two-story Class A medical office building is ideally situated in downtown San Jose, California, at 320 S 3rd St, zip code 95112. Currently vacant, this owner-user opportunity presents a unique chance to acquire a property zoned Downtown Primary Commercial (DC) in Santa Clara County. The building boasts ample onsite parking located behind the structure, a significant advantage in a bustling urban environment. Its versatile zoning allows for a variety of uses, including office, medical, retail, daycare, schools, personal services, veterinary clinics, and religious facilities (buyer to verify permitted uses with the City of San Jose). The property's prime location offers convenient access to a wealth of downtown restaurants and retail amenities, enhancing its appeal and potential for high occupancy. This investment is further enhanced by its location within an Opportunity Zone, presenting potential tax advantages. The asking price for this remarkable property is $2,500,000.
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Law Office of Robert Thayer Law Firm
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San Jose Concrete Co Construction Company General Contractor
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Arnone Elisha L Law Firm
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Thomas Salter & Lyding Law Firm
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Estes-Zako & Associates Investigations Law Firm Security Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · San Jose, CASan Jose. Always verify with local authorities before improvements.
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.