517 Madera AveSan Jose, CA 95112

Property Details for 517 Madera Ave

Year built

1925

Construction

WOOD

Lot size

0.18 AC

Property size (Sq ft)

1,175 SF

Zone code

LI

Property type

Office buildings

APN

235-16-052

APU

23516052

Description

This exceptional San Jose industrial property, located at 517 Madera Ave and 900 N 11th St, offers a unique opportunity for owner-users. The property encompasses two buildings totaling 3,700 square feet on a 15,000 square foot lot, zoned for light industrial use. The asking price is $1,485,000, translating to $401.35 per square foot. The property features two single-story buildings, one of which has been converted into office space. A significant advantage is the large, gated and secured yard, providing ample space for parking and outdoor storage. Convenient access is ensured by two curb cuts and gates. The property's location in San Jose, CA 95112, offers easy access to major highways 880 and 101, making it strategically positioned for efficient transportation and logistics. The property can be delivered vacant upon closing. This combination of features makes it an ideal investment for businesses seeking both indoor and outdoor space in a prime San Jose location. The property consists of two parcels.

• CAP approach

  CAP return

  Valuation

  6%

  $359,903

  6.5%

  $332,219

  7%

  $308,489

• Comparable approach

  Method

  Valuation

  Relative Method

  $327,719

  Geo Method

  $327,719

• Alternative Use

  Use

  Valuation

  Residential

  $411,951

  Hospitality

  $377,345

  Educational

  $313,947

  Medical

  $324,744

  Retail

  $488,361

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3595

Longitude

-121.893

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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