1038 Leigh AveSan Jose, CA 95126

  • Office properties
  • 13,039 SF
For Lease
$30/SF/YR View listing

Property Details for 1038 Leigh Ave

Year built
1979
Construction
WOOD
Lot size
0.73 AC
Property size (Sq ft)
13,039 SF
Zone code
CP
Property type
Office properties
Property subtype
Office buildings
APN
284-32-010
APU
28432010

Description

This exceptional San Jose office space, located at 1038 Leigh Avenue, offers 1,049 square feet of immediately available space within a larger 13,376 square foot building. The property is classified as a Class B building, constructed in 1979, and features a two-story design. The space is ideal for a variety of uses, including traditional office, executive office, or medical office settings, as indicated by its zoning (CP). The building boasts 42 total parking spaces for tenant and visitor convenience. While elevators are not present, the single-story space offers easy accessibility. The location is highly desirable, situated in the San Jose submarket near Willow Glen and Campbell amenities, and within 0.05 miles of Fruitdale and Bascom Station, providing excellent transit options. The space includes high-end finishes and shared amenities such as a common area kitchenette and conference room. The property's Assessor's Parcel Number (APN) is 284-32-010. This is a multi-tenant building, with the available space representing a minimum divisible unit of 1,049 square feet, which is also the maximum contiguous space currently available. The zip code is 95126.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,078,315
    6.5%
    $3,764,598
    7%
    $3,495,698
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,636,708
    Geo Method
    $3,636,708
  • Alternative Use

    Use
    Valuation
    Residential
    $4,668,102
    Hospitality
    $4,275,956
    Educational
    $3,557,546
    Medical
    $3,679,895
    Retail
    $5,533,960
1038 Leigh Ave, San Jose, California

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.306
Longitude
-121.921
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
$41,209
$1,896,380
$1,338,621
$3,235,001
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