990 Ames AveMilpitas, CA 95035
- Industrial properties
- 22,000 SF
Property Details for 990 Ames Ave
- Year built
- 1993
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.00 AC
- Property size (Sq ft)
- 22,000 SF
- Zone code
- M2
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
- APN
- 086-31-050
- APU
- 8631050
Description
This exceptional 22,000-square-foot industrial warehouse, situated on a two-acre lot in Milpitas, California, presents a compelling investment opportunity. Built in 1993, the property boasts a desirable M2 Heavy Industrial District zoning (buyer to independently verify), allowing for a wide range of uses. The warehouse features 4 ground-level loading doors in the main building and an additional 2 in a separate rear building, ensuring efficient loading and unloading. Inside, discover approximately 4,000 square feet of office space, complete with reception, bullpen, multiple private offices, and a breakroom. A significant bonus is the 4,000-square-foot unfinished second-story mezzanine area, offering substantial potential for expansion or additional storage. The property also includes ample rear yard space ideal for staging and maneuvering. The high ceilings, ranging from 18 to 22 feet (buyer to independently verify), provide ample vertical space. The electrical service is 1200 amps, 277/480 volts (buyer to independently verify). Its strategic location in Santa Clara County offers easy access to major freeways, including I-680 and I-880, and San Jose International Airport, making it an ideal location for manufacturing or distribution. The property's APN is 086-31-050. The asking price is $7,700,000. Buyers are advised to independently verify all information.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $7,437,584
- Hospitality
- $6,812,786
- Educational
- $5,668,158
- Medical
- $5,863,095
- Retail
- $8,817,135
Location Insight
- City
- Milpitas
- County
- Santa Clara
- State
- California
- Latitude
- 37.4199
- Longitude
- -121.886
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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