1175 Elko DrSunnyvale, CA 94089

  • Industrial properties
  • 83,600 SF
For Sale
$25,000,000 View listing

Property Details for 1175 Elko Dr

Year built
1998
Construction
CONCRETE
Lot size
4.49 AC
Property size (Sq ft)
83,600 SF
Zone code
MS
Property type
Industrial properties
Property subtype
Other industrial properties
APN
104-32-048
APU
10432048

Description

This exceptional 83,600 square foot Class A industrial property, located at 1175 Elko Drive in Sunnyvale, California, presents a unique investment opportunity. Situated on 4.5 acres in the heart of Silicon Valley, this building offers a versatile blend of office, R&D, warehouse, and assembly space, all under one roof. The property boasts a 30-foot warehouse ceiling height, four dock-high doors, and ample parking for 151 vehicles. The building features 100% HVAC throughout, including the warehouse area, along with extensive solar power and a backup power supply, ensuring efficient and reliable operation. High-end finishes and stunning interiors are complemented by a comprehensive array of on-site amenities, including a basketball court, tennis courts, a putting green, a lounge, a training center, and a fitness center. The building's modern design incorporates steel, glass, and concrete, with partial two-story offices and executive suites. This property is ideally suited for an owner-user seeking a prominent Silicon Valley presence or headquarters. The asking price is $25,000,000. The property is zoned for flex, manufacturing, and warehouse uses. The zip code is 94089.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $35,490,456
    Hospitality
    $32,509,068
    Educational
    $27,047,162
    Medical
    $27,977,356
    Retail
    $42,073,364
1175 Elko Dr, Sunnyvale, California

Location Insight

City
Sunnyvale
County
Santa Clara
State
California
Latitude
37.4071
Longitude
-121.993
CBSA code
41940
CBSA name
SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$248,530
$3,684,100
$17,633,325
$21,317,425
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