Property profile

320 Martin Ave Santa Clara, CA 95050

OFF-MARKET
Warehouses
Property ID
US09-2957750
11,484 SF 0.67 ac lot Built 1965
Trust Owned 30-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Santa Clara industrial flex space, located at 320 Martin Ave, Suite A & B, offers a versatile 11,484 square foot building on a substantial 6.7-acre lot (29,200 square feet). Currently, 4,300 square feet of space is immediately available for lease. The single-story, 1965-built structure features approximately 40% of the space with HVAC and drop ceilings. The warehouse area boasts two skylights, two restrooms, one grade-level door, and double-door access. The warehouse also includes a space heater and offers a generous 16-foot clear height. Ample parking is available on-site, along with 3-phase power. The property is conveniently located in Santa Clara County, CA, 95050, near the cross street of Reed Avenue, and identified by APN 230-05-061. The asking rent is $1.70 per square foot, with a CAM charge of $0.05 per square foot. This property presents a unique opportunity for businesses seeking a well-maintained industrial space with excellent features and ample room for expansion. The property is ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 1965
Construction TILT-UP CONCRETE
Total area 11,484 SF
Lot 0.67 ac (29,200 SF)
Zoning code ML
APN 230-05-061
UPID US09-2957750

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
  • Training Center Sports School
  • Home Appliance Store (Bike/Boat/Book/etc) Store
  • General Contractor Waste Management Facility
  • Construction Company

Location

320 Martin Ave Santa Clara, CA 95050-3116
Santa Clara metro Census 505202 SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.13M
Blend (final) Blend
$330k

Owner & transaction history

since 1995
1 recorded transaction
1995
Price N/A

Zoning & alternative use

ML · Santa Clara, CA
Zoning description

this chapter, permitted uses of the ML light manufacturing district are allowed, and none of the other sections of this chapter shall apply to such building and use, until such time as the existing use (including any exp…

General category INDUSTRIAL

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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