3248 Stevens Creek BlvdSan Jose, CA 95117

Property Details for 3248 Stevens Creek Blvd

Year built

1969

Construction

WOOD

Lot size

0.16 AC

Property size (Sq ft)

2,850 SF

Zone code

CN

Property type

Retail space

APN

303-42-022

APU

30342022

Description

This exceptional 2,850-square-foot freestanding commercial building presents a unique opportunity for owner-users or investors. Situated on a 0.16-acre lot at the highly visible intersection of Stevens Creek Boulevard and Rosewood Avenue in San Jose, California, this property offers unparalleled visibility and accessibility. The building, originally constructed in 1969 and extensively renovated in 2010, is zoned CN (commercial neighborhood) and boasts a single-tenant occupancy. The entire 2,850 square feet is currently vacant, providing a blank canvas for a discerning buyer or tenant to customize to their specific needs. The property's prime location in Santa Clara County (APN 303-42-022) offers easy access to major transportation arteries, making it an ideal location for a variety of businesses. The building's creative office subtype is perfect for companies seeking a unique and inspiring workspace. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving San Jose market. The property is available for sale or lease. The building's classification includes Retail and Office, and its subtype includes Creative Office, Strip Center, and Freestanding.

• CAP approach

  CAP return

  Valuation

  6%

  $1,836,696

  6.5%

  $1,695,411

  7%

  $1,574,310

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,003,132

  Geo Method

  $2,003,132

• Alternative Use

  Use

  Valuation

  Residential

  $1,430,143

  Hospitality

  $1,310,003

  Educational

  $1,089,907

  Medical

  $1,127,391

  Retail

  $1,695,411

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.323

Longitude

-121.954

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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