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Property profile & analytics
FOR SALE
Retail space

651 S Winchester Blvd San Jose, CA 95128

1,678 SF 0.18 ac lot Built 1948
Trust Owned 7-yr Hold ~ Est. High Equity
Property ID
US09-1645103
Property summary
AI-generated overview

This exceptional 1,678 square foot medical office building, located at 651 S Winchester Blvd in San Jose, California, presents a compelling investment opportunity. Built in 1948, the property sits on a 0.179-acre lot and is offered at an asking price of $2,500,000. The building's permitted uses include office, medical, and daycare, providing flexibility for a variety of potential tenants. The interior features a convenient kitchenette and two restrooms, enhancing functionality and convenience. Situated in the desirable Santa Clara County, with a zip code of 95117, this property benefits from excellent accessibility and visibility. Its location in San Jose offers proximity to a thriving medical community and a robust patient base. The property's solid construction and versatile zoning make it an ideal investment for both seasoned investors and those new to the commercial real estate market. This is a rare opportunity to acquire a well-located, established medical office building in a high-demand area. The property's size and features make it suitable for a range of medical practices or other permitted uses. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Construction WOOD
Total area 1,678 SF
Lot 0.18 ac (7,938 SF)
Zoning code CN
APN 299-45-016
UPID US09-1645103
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
  • Ferrante & Son Sales & Leasing Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$695k
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k
Owner & transaction history
Ferrante,john & Lisa Trust · 7 yrs held
Ferrante,john & Lisa Trust
since 2018
7 recorded transactions
2018
Price N/A
2014
Price N/A
2011
Price N/A
2009
Price N/A
1998
$400,000
1996
Price N/A
1969
Price N/A
Zoning & alternative use
CN · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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