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4453 N 1St St San Jose, CA 95002

Office buildings Google Maps
187,660 SF 7.21 ac lot Built 2018
Entity Owned 6-yr Hold Free & Clear
Estimated value (blended)
$1.00M
Range $900k – $1.10M (±10%)
Property ID US09-5642707

Property summary

AI-generated overview

This exceptional Class A office building, located at 4453 N First St in San Jose, CA (95134), offers a variety of executive office suites within a 187,660 square foot building. The property, situated on a generous 30.75-acre lot, boasts a modern design and was constructed in 2019. The five-story building is currently offering multiple tenancy options, with a minimum divisible space of 15,358 square feet and a maximum contiguous space of 98,073 square feet. There is a significant amount of vacant space totaling 228,837 square feet, presenting a unique opportunity for businesses seeking substantial office space in a prime location. The building is in market-ready condition, with plans for further buildout. A key advantage is the flexibility to combine the 2nd, 3rd, and 4th floors to create a large, contiguous space of 98,073 square feet, ideal for larger organizations. This Santa Clara County property provides easy access to major transportation routes and is situated within a thriving business community. The building's modern amenities and strategic location make it an attractive option for businesses of all sizes. Contact us today to learn more about the available spaces and leasing options.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2018
Total area 187,660 SF
Lot 7.21 ac (314,067 SF)
Zoning code A(PD)
APN 015-39-057
UPID US09-5642707

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
  • Research And Product Development

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.00M

Owner & transaction history

since 2020
3 recorded transactions
2021
Price N/A
2020
$173.5M
2018
Price N/A

Zoning & alternative use

A(PD) · San Jose, CA
Zoning description

its base district followed by its planned district designation (e.g., A(PD)). C. The PD district shall be individually designed to meet the needs of the territory so zoned. It shall be adopted by a zoning ordinance which…

General category PLANNED_DEVELOPMENT

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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