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Financial
Distress signals
Property profile

5970 Optical Ct San Jose, CA 95138

FOR LEASE
Industrial properties
Property ID
US09-2802875
128,520 SF 7.49 ac lot Built 2002
Last sale Sep 2017 · $17,065,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 129,221-square-foot industrial property, ideally situated in San Jose, presents a unique opportunity for research and development businesses. The building boasts a two-story office component, providing ample space for administrative functions and collaborative work environments. The expansive industrial space features two grade-level loading docks equipped with roll-up doors, ensuring efficient loading and unloading operations. The property is zoned IP (Industrial), allowing…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$413k
Tax billed · 2024
Assessed value$32.76M
Assessed land$10.40M
Assessed improvement$22.36M
Effective rate1.26%

Value estimate

· Oct 2026
$19.63M
$17.66M – $21.59M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$295/SF
Submarket average, outlier-cleaned · 301 recorded sales of this use type
Observed band · Q1–Q3$216 – $432
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IP
An important difference between this designation and the IP Industrial Park designation is that the site design for development in the TE...
General categoryINDUSTRIAL
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm19.3
Building Supply16.4
Restaurant16.3

Location

5970 Optical Ct San Jose, CA 95138
County assessor Recorded deeds · 5 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6212 Hellyer, San Jose, CA 95138-1093 $37,700,000 Jul 2023 111,400 SF
5981 Optical, San Jose, CA 95138-1400 $32,057,500 Aug 2021 110,542 SF
5878 Silver Crk Vly, San Jose, CA 95138-1027 $2,200,000 Oct 2020 105,765 SF
5325 Hellyer, San Jose, CA 95138-1013 $51,250,000 Dec 2019 131,500 SF
500 Piercy, San Jose, CA 95138-1100 $39,235,000 Sep 2019 162,066 SF
5750 Fontanoso, San Jose, CA 95138-1020 $28,615,500 Nov 2018 98,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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