65 14Th StSan Jose, CA 95112

Property Details for 65 14Th St

Year built

1958

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

4,042 SF

Zone code

CO

Property type

Office buildings

APN

467-15-004

APU

46715004

Description

This exceptional single-story medical office building, totaling 4,042 square feet, is ideally situated in Downtown San Jose at 65 N 14th Street, near Santa Clara Street. The property boasts a prominent street presence with ample signage potential and a secured lot featuring private surface parking. The building's design includes extensive glass lines on all four sides, maximizing natural light. The interior layout is highly functional, featuring seven or more exam rooms with existing plumbing, numerous private offices, spacious open administrative areas, dedicated wet lab space, a kitchen, and multiple restrooms. A significant bonus is the nearly 2,000-square-foot basement area, not included in the stated building square footage. The 12,500-square-foot lot is zoned CO, allowing for a variety of uses including office, medical, financial services, and with permits, daycare and schools. The property benefits from its proximity to a proposed large mixed-use development and multiple public transportation routes, including the future BART line connecting Downtown San Jose's Diridon Station to the East Bay. The building's flexible design allows for division into separate sections, and it currently includes two separate waiting rooms/lobbies and three primary entrances. Built in 1958, this Class B building offers a unique opportunity in a rapidly developing area. The property features a 32 building FAR and sits on 0.29 acres.

• CAP approach

  CAP return

  Valuation

  6%

  $1,238,068

  6.5%

  $1,142,832

  7%

  $1,061,201

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,127,354

  Geo Method

  $1,127,354

• Alternative Use

  Use

  Valuation

  Residential

  $1,417,112

  Hospitality

  $1,298,066

  Educational

  $1,079,976

  Medical

  $1,117,118

  Retail

  $1,679,963

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3433

Longitude

-121.878

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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