465 Blossom Hill RdSan Jose, CA 95123

  • Retail properties
  • 10,800 SF
For Sale

Property Details for 465 Blossom Hill Rd

Year built
1972
Construction
TILT-UP CONCRETE
Lot size
1.00 AC
Property size (Sq ft)
10,800 SF
Zone code
C1
Property type
Retail properties
Property subtype
Retail space
APN
464-14-007
APU
46414007

Description

This exceptional 10,800-square-foot standalone retail storefront building presents a rare owner-user opportunity in San Jose, CA. Located at 465 Blossom Hill Rd, zip code 95123, this single-story, 1972-built property sits on a one-acre lot (APN 464-14-007) and boasts prime visibility along a high-traffic corridor. The property features one grade-level door leading to retail sales area and warehouse space, perfect for a variety of uses. A dedicated parking lot includes a gated rear area for added security. The building benefits from an existing pylon sign and excellent visibility. This location offers exceptional access to I-85 on- and off-ramps, and is surrounded by strong co-tenants including Smart & Final Extra, CVS, Walgreens, Michael's, Pet Club, McDonald's, Dunkin', Jack-in-the-Box, Chevron, Shell, Bank of America, and Red Wings, ensuring high foot traffic and brand recognition. The area boasts average household incomes exceeding $150,000 annually, and traffic counts surpass 46,000 ADT. The property is currently vacant and zoned CP, making it ideal for a variety of retail businesses. This is a truly unique opportunity to acquire a highly visible, well-located retail space in a thriving San Jose market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,754,216
    6.5%
    $4,388,508
    7%
    $4,075,043
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,590,814
    Geo Method
    $7,590,814
  • Alternative Use

    Use
    Valuation
    Residential
    $3,701,870
    Hospitality
    $3,390,893
    Educational
    $2,821,184
    Medical
    $2,918,208
    Retail
    $4,388,508
465 Blossom Hill Rd, San Jose, California

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.2518
Longitude
-121.833
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
$91,147
$3,827,760
$3,390,302
$7,218,062
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