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Property profile

894 Commercial St San Jose, CA 95112

OFF-MARKET
Industrial properties
Property ID
US09-1652576
View Sample
54,000 SF 2.73 ac lot Built 1974
Entity Owned 10-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional 10,000 square foot warehouse space is part of a larger 27,200 square foot commercial business park located at 894 Commercial Street in San Jose, California, zip code 95112. Situated in Santa Clara County on Old Oakland Road, this single-story building offers a prime location for businesses seeking efficient and functional warehouse space. Built in 1974, the property features one dock-high door and one drive-in door, providing convenient loading and unloading capabilities. Ample parking is available, with a ratio of 1.5 spaces per 1,000 square feet. The property is currently multi-tenant, with 10,000 square feet immediately available for lease. This presents a unique opportunity to secure a well-located warehouse space in a thriving area of San Jose. The property's convenient access to major transportation routes ensures seamless logistics and distribution. The available space is ideal for a variety of industrial uses, offering a functional layout and ample room for storage and operations. This is a rare opportunity to lease a well-maintained warehouse in a desirable location. Inquire today to learn more about this exceptional property and its leasing opportunities.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1974
Total area 54,000 SF
Lot 2.73 ac (118,939 SF)
Zoning code HI
APN 241-09-010
UPID US09-1652576

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
  • Marketing & Advertising Event Planning
  • Florist Wedding Service
  • Tech Support Center (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.31M

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
2016
Price N/A
2010
Price N/A
2010
$231,500
1998
$747,000
1995
Price N/A
1995
$149,000

Zoning & alternative use

HI · San Jose, CA
Zoning description

HI Heavy Industrial. The Heavy Industrial zoning designation is intended for industrial uses with nuisance or hazardous characteristics which for reasons of health, safety, environmental effects, or general welfare are b…

General category INDUSTRIAL

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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