1180 Coleman AveSan Jose, CA 95110

Property Details for 1180 Coleman Ave

Year built

1962

Construction

TILT-UP CONCRETE

Lot size

0.47 AC

Property size (Sq ft)

10,162 SF

Zone code

M1H

Property type

Office properties

Property subtype

Office buildings

APN

230-05-062

APU

23005062

Description

This exceptional 10,162 square foot office and industrial property, located at 1180 Coleman Avenue in San Jose, California, presents a unique investment opportunity. The building, constructed in 1962, features a two-story design and sits on a 0.47-acre lot. Currently, 10,033 square feet of space is available for lease as a single tenant occupancy. The property is classified as both Executive Office and Flex space, offering versatility for a variety of business needs. Parking is ample, with a ratio of 2.6 spaces per 1,000 square feet. Situated in desirable Santa Clara County, with a zip code of 95110, this property benefits from excellent access to major transportation routes and a thriving business community. The building's flexible layout allows for customization to suit specific tenant requirements. This is an ideal opportunity for a company seeking a substantial, well-located space in the heart of Silicon Valley. The property's size and location make it a highly attractive option for businesses looking to establish or expand their operations in this dynamic market. The single-tenant occupancy provides a unique opportunity for a business to control its entire workspace. This property offers a blend of office and industrial space, making it suitable for a wide range of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $3,933,994

  6.5%

  $3,631,380

  7%

  $3,371,995

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,834,284

  Geo Method

  $2,834,284

• Alternative Use

  Use

  Valuation

  Residential

  $4,502,910

  Hospitality

  $4,124,642

  Educational

  $3,431,654

  Medical

  $3,549,673

  Retail

  $5,338,128

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3566

Longitude

-121.931

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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