80 Market StSan Jose, CA 95113

Property Details for 80 Market St

Year built

1920

Lot size

0.08 AC

Property size (Sq ft)

2,200 SF

Zone code

DC

Property type

Retail space

APN

259-34-028

APU

25934028

Description

This exceptional 5,600 square foot executive office suite is located on the third floor of the Market Street Centre, a three-story building in the heart of downtown San Jose. The space boasts 11 private offices, two open office areas, two conference rooms, a kitchen, a law library, and ample storage. The suite is elevator-served within the building, which also features convenient access to Highway 87 and 280. The gross rent is $2.85 per square foot, with tenants responsible for their own PG&E utilities. While on-site parking is limited, numerous public parking options are available nearby at a monthly rate of $100-$110. The building's prime location offers easy access to Mineta San Jose International Airport, making it an ideal location for businesses requiring convenient travel. The total building size is 36,244 square feet, and the suite is situated near San Fernando Street. This space is perfect for a law firm or other professional organization seeking a prestigious and well-appointed office environment in a highly desirable location. The building is multi-tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $1,251,972

  6.5%

  $1,155,666

  7%

  $1,073,119

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,546,277

  Geo Method

  $1,546,277

• Alternative Use

  Use

  Valuation

  Residential

  $974,848

  Hospitality

  $892,955

  Educational

  $742,928

  Medical

  $768,479

  Retail

  $1,155,666

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3367

Longitude

-121.893

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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