2790 Newhall StSanta Clara, CA 95050
- Office properties
- 9,263 SF
Property Details for 2790 Newhall St
- Year built
- 1974
- Construction
- WOOD
- Lot size
- 0.80 AC
- Property size (Sq ft)
- 9,263 SF
- Zone code
- 0A
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 303-08-082
- APU
- 30308082
Description
This exceptional Class C medical office building, located at 2790 Newhall Street in Santa Clara, California, presents a unique investment opportunity. The property boasts a total of 9,263 square feet and is currently configured as a single suite. However, 1,296 square feet are immediately available for lease, making it ideal for expansion or a new tenant seeking a prime location in Santa Clara County. The building's medical office subtype makes it perfectly suited for a variety of healthcare practices. The property is situated in the desirable 95050 zip code of Santa Clara, offering convenient access to major transportation routes and a thriving local community. The building's single-suite configuration provides a sense of privacy and control, while the ample square footage allows for flexibility in design and layout. This is a rare opportunity to acquire a well-located medical office space in a highly sought-after area of Silicon Valley. The property's strategic location and existing infrastructure make it an attractive option for both established and emerging medical practices. Serious inquiries are encouraged to explore this promising investment opportunity further. The available space is ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,435,559
- 6.5%
- $3,171,285
- 7%
- $2,944,765
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,583,543
- Geo Method
- $2,583,543
-
Alternative Use
- Use
- Valuation
- Residential
- $3,932,394
- Hospitality
- $3,602,051
- Educational
- $2,996,864
- Medical
- $3,099,931
- Retail
- $4,661,789
Location Insight
- City
- Santa Clara
- County
- Santa Clara
- State
- California
- Latitude
- 37.3383
- Longitude
- -121.956
- 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
FAQs
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