4453 1St StSan Jose, CA 95134

  • Office properties
  • 187,660 SF
For Lease
$42/SF/YR View listing

Property Details for 4453 1St St

Year built
2018
Lot size
7.21 AC
Property size (Sq ft)
187,660 SF
Zone code
A(PD)
Property type
Office properties
Property subtype
Office buildings
APN
015-39-057
APU
1539057

Description

This exceptional Class A office building, located at 4453 N First St in San Jose, CA (95134), offers a variety of executive office suites within a 187,660 square foot building. The property, situated on a generous 30.75-acre lot, boasts a modern design and was constructed in 2019. The five-story building is currently offering multiple tenancy options, with a minimum divisible space of 15,358 square feet and a maximum contiguous space of 98,073 square feet. There is a significant amount of vacant space totaling 228,837 square feet, presenting a unique opportunity for businesses seeking substantial office space in a prime location. The building is in market-ready condition, with plans for further buildout. A key advantage is the flexibility to combine the 2nd, 3rd, and 4th floors to create a large, contiguous space of 98,073 square feet, ideal for larger organizations. This Santa Clara County property provides easy access to major transportation routes and is situated within a thriving business community. The building's modern amenities and strategic location make it an attractive option for businesses of all sizes. Contact us today to learn more about the available spaces and leasing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $72,292,840
    6.5%
    $66,731,848
    7%
    $61,965,288
  • Comparable approach

    Method
    Valuation
    Relative Method
    $52,340,252
    Geo Method
    $52,340,252
  • Alternative Use

    Use
    Valuation
    Residential
    $82,747,496
    Hospitality
    $75,796,256
    Educational
    $63,061,596
    Medical
    $65,230,384
    Retail
    $98,095,816
4453 1St St, San Jose, California

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.4213
Longitude
-121.964
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
$1,067,933
$11,972,207
$78,045,590
$90,017,797
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FAQs

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