2055 Gateway PlSan Jose, CA 95110

Property Details for 2055 Gateway Pl

Year built

1984

Lot size

8.39 AC

Property size (Sq ft)

321,179 SF

Zone code

APD

Property type

Office properties

Property subtype

Office buildings

APN

230-01-056

APU

23001056

Description

Gateway Place I & II, located at 2055 Gateway Place in San Jose, California (95110), offers 118,774 square feet of prime executive office space. This seven-story building, constructed in 1985 and situated on an 8.39-acre lot, features twelve suites with a minimum divisible space of 1,723 square feet and a maximum contiguous space of 10,460 square feet. Currently, 51,460 square feet of space is available for lease. The property boasts convenient access via Airport Pkwy and offers ample parking with approximately 3.00 parking spaces per suite (exact number to be confirmed). On-site amenities include conference centers, workout facilities with showers, and on-site management and security personnel. Free parking is provided, encompassing both surface lots and secured garages. This exceptional property presents a unique opportunity for businesses seeking modern, well-maintained office space in a desirable San Jose location within Santa Clara County. The building's size and layout allow for flexibility, accommodating businesses of various sizes and needs. Interested parties should inquire about specific suite availability and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $124,337,368

  6.5%

  $114,772,960

  7%

  $106,574,888

• Comparable approach

  Method

  Valuation

  Relative Method

  $89,580,032

  Geo Method

  $89,580,032

• Alternative Use

  Use

  Valuation

  Residential

  $142,318,464

  Hospitality

  $130,362,952

  Educational

  $108,460,448

  Medical

  $112,190,568

  Retail

  $168,716,256

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3712

Longitude

-121.926

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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