257 Campbell AveCampbell, CA 95008

Property Details for 257 Campbell Ave

Year built

1959

Construction

TILT-UP CONCRETE

Lot size

0.11 AC

Property size (Sq ft)

2,732 SF

Zone code

C-3

Property type

Office properties

Property subtype

Office buildings

APN

279-41-040

APU

27941040

Description

This exceptional single-story commercial building, located at 257 Campbell Avenue in the heart of downtown Campbell, California, presents a unique investment opportunity. Spanning 2,732 square feet on a 0.11-acre lot, this property has been under the same ownership since 1994, offering a stable history and potential for immediate income generation. Currently configured as eight individual private office spaces, the building also offers flexibility for potential retail use, catering to the vibrant surrounding area. Seven designated parking spaces are conveniently located directly behind the building, providing ample parking for tenants or clients. The property includes restrooms and storage space, ensuring functionality and convenience. Recent upgrades include a new roof (approximately three years old), HVAC system, and air conditioning, minimizing maintenance concerns for the new owner. The building's prime location benefits from the proximity to bustling restaurants, bars, shopping, and the Campbell Light Rail (VTA), ensuring high visibility and accessibility. This is an ideal property for an owner-user seeking a well-maintained, centrally located commercial space in a thriving downtown environment. The combination of its features, location, and recent improvements makes this a truly compelling investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $926,047

  6.5%

  $854,813

  7%

  $793,755

• Comparable approach

  Method

  Valuation

  Relative Method

  $761,982

  Geo Method

  $761,982

• Alternative Use

  Use

  Valuation

  Residential

  $1,059,968

  Hospitality

  $970,925

  Educational

  $807,798

  Medical

  $835,580

  Retail

  $1,256,575

Location Insight

City

Campbell

County

Santa Clara

State

California

Latitude

37.2874

Longitude

-121.945

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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