517 Madera AveSan Jose, CA 95112

  • Office properties
  • 1,175 SF
For Sale
$1,485,000 View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
517 Madera Ave, San Jose, California

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

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
$3,586
$111,760
$100,624
$212,384
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