4453 1St StSan Jose, CA 95134

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 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.

• CAP approach

  CAP return

  Valuation

  6%

  $81,931,900

  6.5%

  $75,629,400

  7%

  $70,227,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $52,340,300

  Geo Method

  $52,340,300

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $161,007,000

  Retail / Commercial

  $80,193,000

  Mixed-Use / Specialty

  $78,038,900

  Hospitality / Lodging

  $54,822,300

  Institutional / Educational

  $80,461,300

  Residential Income

  $94,139,700

  Multifamily

  $123,263,000

  Automotive / Energy

  $68,966,800

  Parking / Income-Based Land

  $25,645,400

  Restaurant / Food Service

  $36,601,500

  Healthcare / Senior Housing

  $81,943,300

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

FAQs

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