1700 Newbury Park DrSan Jose, CA 95133

Property Details for 1700 Newbury Park Dr

Year built

2017

Construction

WOOD

Lot size

2.86 AC

Property size (Sq ft)

230,946 SF

Zone code

I

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

254-04-108

APU

25404108

Description

This exceptional 1,400 square foot retail space is ideally situated at 1700 Newbury Park Drive in San Jose, California, within the vibrant Santa Clara County. Currently entirely vacant, this property presents a unique opportunity for a single tenant to establish a prominent presence in a bustling commercial area. The space is categorized as a commercial retail property with multiple tenancy potential, offering significant flexibility for various business types. The entire 1,400 square feet is available for lease, providing ample room for a wide range of retail operations. The property's address is 1700 Newbury Park Dr, San Jose, CA 95133, offering convenient access for customers and employees alike. Its prime location within San Jose ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving market. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire further to explore the possibilities this versatile retail space offers. This is a fantastic opportunity to secure a well-located, sizable retail space in a desirable area of San Jose. The property is zoned for commercial use and is ready for immediate lease. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $72,776,200

  6.5%

  $67,178,032

  7%

  $62,379,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $99,840,384

  Geo Method

  $99,840,384

• Alternative Use

  Use

  Valuation

  Residential

  $67,178,032

  Hospitality

  $61,534,712

  Educational

  $51,196,160

  Medical

  $52,956,872

  Retail

  $79,638,472

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3655

Longitude

-121.867

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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