415 Mary AveSunnyvale, CA 94085

  • Residential income properties
  • 16,576 SF
For Lease

Property Details for 415 Mary Ave

Year built
1964
Construction
WOOD
Lot size
0.82 AC
Property size (Sq ft)
16,576 SF
Zone code
R3
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
161-40-001
APU
16140001

Description

This exceptional retail space, located at 415 N Mary Ave in Sunnyvale, California, presents a fantastic opportunity for a discerning business. The property is situated in Santa Clara County, zip code 94085, offering convenient access to major transportation routes and a thriving local community. The building itself boasts a total of 2,720 square feet, currently configured as a single suite. However, a significant portion of the space, totaling 1,223 square feet, is immediately available for lease. This presents a unique chance to establish or expand a business in a high-demand area. The property is classified as commercial retail and features 200 Amps of power, ensuring sufficient electrical capacity for most business needs. The address is 415 N Mary Ave, Sunnyvale, CA 94085. This location offers excellent visibility and accessibility, making it an ideal choice for a variety of retail businesses. The available space is ready for immediate occupancy, providing a seamless transition for new tenants. Don't miss this chance to secure a prime retail location in the heart of Sunnyvale. Inquire today to learn more about leasing this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,767,618
    6.5%
    $11,785,493
    7%
    $10,943,672
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,443,229
    Geo Method
    $7,165,979
  • Alternative Use

    Use
    Valuation
    Residential
    $11,785,493
    Hospitality
    $10,795,448
    Educational
    $8,981,686
    Medical
    $9,290,580
    Retail
    $13,971,512
415 Mary Ave, Sunnyvale, California

Location Insight

City
Sunnyvale
County
Santa Clara
State
California
Latitude
37.3753
Longitude
-122.048
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
$53,781
$3,132,602
$1,477,117
$4,609,719
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FAQs

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