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950 Bascom Ave San Jose, CA 95128-3536

OFF-MARKET Office buildings Google Maps
48,482 SF 1.44 ac lot Built 1994
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$755k
Range $680k – $831k (±10%)
Property ID US10-3079814

Property summary

AI-generated overview

This exceptional Class A medical office building, located at 950 S. Bascom Avenue in San Jose, California, offers 20,874 square feet of vacant space for lease. The property is a three-story building situated in Santa Clara County, zip code 95128. The building is ideally suited for medical practices seeking flexible and modern space. Multiple tenancy options are available, with suites ranging from a minimum of 264 square feet to a maximum contiguous space of 3,519 square feet. Twelve individual spaces are currently available. This presents a unique opportunity for practices of various sizes to establish or expand their operations in a highly desirable location. The building's "A" classification signifies its high-quality construction, modern amenities, and prime location within San Jose. The address is easily accessible and benefits from excellent visibility and ample parking. This is a rare opportunity to secure a significant amount of immediately available space in a sought-after medical office building. Interested parties are encouraged to inquire promptly.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Total area 48,482 SF
Lot 1.44 ac (62,726 SF)
Zoning code CG
APN 282-29-008
UPID US10-3079814

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
  • Electronics & Wireless Store
  • Psychotherapist Marriage Or Relationship Counselor
  • Insurance Agency
  • Insurance Agency
  • Law Firm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$755k

Owner & transaction history

since 2022
Last sale
$1.1M
7 recorded transactions
2022
$1.1M
2022
Price N/A
2020
$123,000
2020
$1.1M
2020
Price N/A
2020
$1.0M
2020
$2.0M

Zoning & alternative use

CG · San Jose, CA
Zoning description

CG Commercial General District. The CG Commercial General District is a district intended to serve the needs of the general population. This district allows for a full range of retail and commercial uses with a local or…

General category COMMERCIAL

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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