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    Property profile & analytics
    OFF-MARKET Estimated value $10,780,000
    Life science properties

    5883 Rue Ferrari, San Jose, CA 95138-1861

    95,760 SF 6.14 ac lot Built 1986
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-0058707
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 5883 Rue Ferrari, offers a unique blend of office and research & development space, ideal for a variety of businesses. The building boasts a substantial total area of 95,860 square feet, currently configured for multiple tenants. A significant portion of the building is currently occupied, demonstrating strong market demand and a stable tenant base. However, there is also a notable 13,616 square feet of vacant space immediately available for lease, presenting a fantastic opportunity for expansion or new tenancy. The property's classification as both commercial and R&D signifies its adaptability to diverse operational needs. This versatile space is well-suited for companies requiring a combination of office environments and specialized research or development facilities. The multi-tenant structure offers flexibility for businesses of varying sizes, fostering a collaborative and dynamic atmosphere. Interested parties are encouraged to inquire about lease terms and available floor plans to explore the possibilities this property offers. The substantial square footage and strategic location make this an exceptional investment opportunity for businesses seeking to establish or expand their presence in a thriving commercial area. The available vacant space provides immediate occupancy potential, minimizing downtime and maximizing operational efficiency. Don't miss this chance to secure a prime location in a dynamic market.

    Property profile
    Verified
    Property type Life science properties
    Use group R&D FACILITY, LABS, PHARMA
    Year built 1986
    Construction WOOD
    Total area 95,760 SF
    Lot 6.14 ac (267,458 SF)
    Zoning code IP
    APN 678-05-050
    UPID US09-0058707
    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
    • Carrington College College Private College
    • Jan Marini Skin Research Corporate Office
    • Axtel HQ Corporate Office
    • Cypress Envirosystems Inc Industrial Manufacturer Production Facility
    • Carrington College Dental Hygiene Clinic San Jose Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $7.93M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $9.78M
    Blend (final) Blend
    $10.78M
    Owner & transaction history
    Mlc Ix Rue Ferrari LLC · 4 yrs held
    Mlc Ix Rue Ferrari LLC
    since 2022
    Last sale
    $12.7M
    7 recorded transactions
    2022
    $12.7M
    2017
    $17.1M
    2010
    2007
    1998
    1997
    1991
    Zoning & alternative use
    IP · San Jose, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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