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Property profile & analytics
FOR SALE
Retail space

451 South 1St St San Jose, CA 95113

4,930 SF 0.08 ac lot Built 1910
Trust Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US09-2539458
Property summary
AI-generated overview

This exceptional San Jose commercial property, located at 451 S 1st St, offers a unique opportunity for businesses seeking executive office space. Situated in Santa Clara County, with a convenient cross street of San Fernando, this single-story building boasts a substantial 4,930 to 4,950 contiguous square feet, with a total building area of 4,930 square feet. The property sits on a generous 8-acre lot, providing ample space and potential for future expansion. The high ceilings, measuring 18 feet, create a bright and airy atmosphere, ideal for a modern workspace. The property is currently listed as having 9,880 square feet vacant, available as a single unit. The property type is listed as Retail and Office, with a subtype of Executive Office and Storefront, suitable for a variety of business needs. The building is designed for multiple tenants, although the minimum divisible space is the entire 4,930 square feet. This prime location in San Jose, CA (zip code 95113), offers excellent visibility and accessibility. The property presents a rare opportunity to secure a substantial and well-located office space in a thriving market. The expansive lot size and high ceilings offer significant flexibility for customization and future development. This is an ideal space for a company seeking a prominent presence in the heart of San Jose.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 4,930 SF
Lot 0.08 ac (3,684 SF)
Zoning code C3
APN 264-30-088
UPID US09-2539458
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$630k
CAP Approach CAP
by Request
Comparable Approach Comparable
$530k
Blend (final) Blend
$700k
Owner & transaction history
Sandlin,david R Living Trust · 6 yrs held
Sandlin,david R Living Trust
since 2020
Last sale
$850,000
3 recorded transactions
2020
Price N/A
2018
$850,000
2018
Price N/A
Zoning & alternative use
C3 · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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