1729 1St StSan Jose, CA 95112

  • Residential income properties
  • 590,000 SF
For Lease

Property Details for 1729 1St St

Year built
2018
Construction
WOOD
Lot size
2.33 AC
Property size (Sq ft)
590,000 SF
Zone code
C3
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
230-29-122
APU
23029122

Description

Century Towers, located at 1729 N First St, San Jose, CA 95112, offers exceptional retail space for lease in Santa Clara County. This multi-tenant property boasts a total of 5,467 square feet, currently entirely vacant and ready for immediate occupancy. Three individual spaces are available, ranging in size from a minimum of 1,128 square feet to a maximum contiguous space of 2,786 square feet. This presents a unique opportunity for businesses seeking flexible space options to suit their specific needs. The property's prime location in San Jose offers excellent visibility and accessibility, making it an ideal location for a variety of retail ventures. The building's overall condition and specific features are available upon request. Interested parties are encouraged to inquire about lease terms and conditions. This is a rare opportunity to secure a significant retail presence in a thriving San Jose market. The property is categorized as commercial retail and is ready for immediate occupancy. Don't miss this chance to establish your business in this highly desirable location. Contact us today to schedule a viewing and discuss your business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $224,089,664
    6.5%
    $206,852,000
    7%
    $192,076,848
  • Comparable approach

    Method
    Valuation
    Relative Method
    $255,063,200
    Geo Method
    $255,063,200
  • Alternative Use

    Use
    Valuation
    Residential
    $206,852,000
    Hospitality
    $189,475,312
    Educational
    $157,641,248
    Medical
    $163,062,768
    Retail
    $245,219,712
1729 1St St, San Jose, California

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.3677
Longitude
-121.915
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
$2,593,316
$11,311,533
$185,534,647
$196,846,180
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FAQs

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