5883 Rue FerrariSan Jose, CA 95138

  • Life science properties
  • 95,760 SF
For Lease
$21/SF/YR View listing

Property Details for 5883 Rue Ferrari

Year built
1986
Construction
WOOD
Lot size
6.14 AC
Property size (Sq ft)
95,760 SF
Zone code
IP
Property type
Life science properties
APN
678-05-050
APU
67805050

Description

This exceptional commercial property, located at 5883 Rue Ferrari, offers a unique blend of office and research & development space, ideal for a variety of businesses. The building boasts a substantial total area of 95,860 square feet, currently configured for multiple tenants. A significant portion of the building is currently occupied, demonstrating strong market demand and a stable tenant base. However, there is also a notable 13,616 square feet of vacant space immediately available for lease, presenting a fantastic opportunity for expansion or new tenancy. The property's classification as both commercial and R&D signifies its adaptability to diverse operational needs. This versatile space is well-suited for companies requiring a combination of office environments and specialized research or development facilities. The multi-tenant structure offers flexibility for businesses of varying sizes, fostering a collaborative and dynamic atmosphere. Interested parties are encouraged to inquire about lease terms and available floor plans to explore the possibilities this property offers. The substantial square footage and strategic location make this an exceptional investment opportunity for businesses seeking to establish or expand their presence in a thriving commercial area. The available vacant space provides immediate occupancy potential, minimizing downtime and maximizing operational efficiency. Don't miss this chance to secure a prime location in a dynamic market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $32,823,250
    Hospitality
    $30,065,920
    Educational
    $25,014,492
    Medical
    $25,874,780
    Retail
    $38,911,432

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.2483
Longitude
-121.777
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
$313,123
$13,910,148
$10,539,252
$24,449,400
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