905 Stockton AveSan Jose, CA 95110

Property Details for 905 Stockton Ave

Year built

1940

Construction

WOOD

Lot size

1.48 AC

Property size (Sq ft)

2,583 SF

Zone code

M4

Property type

Retail properties

Property subtype

Gas stations

APN

230-41-003

APU

23041003

Description

This exceptional 1.62-acre industrial property in San Jose, California, presents a compelling investment opportunity. Located at 905 Stockton Ave, this site boasts a total of 5,000 square feet of space, distributed across three buildings. The property features a 2,600 square foot warehouse and a 2,200 square foot office area, ideal for owner-users seeking a versatile space. The asking price is $5,750,000, translating to a land value of $81.48 per square foot. The property is zoned LI (Light Industrial) and sits on a single APN (230-41-003), offering significant potential for development or expansion. The buildings are single-story with 18-foot ceilings. The site is currently vacant and available under a triple net (NNN) lease. A significant advantage is the presence of a 1200 Amp, 480 V transformer, suitable for high-power industrial uses. Furthermore, the property's proximity to a rail line and its own rail spur provides unique logistical advantages. This property is a rare find, offering a substantial land area in a prime San Jose location, close to the downtown area. The information provided is deemed reliable but not guaranteed

• CAP approach

  CAP return

  Valuation

  6%

  $1,469,929

  6.5%

  $1,356,857

  7%

  $1,259,939

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,815,470

  Geo Method

  $1,815,470

• Alternative Use

  Use

  Valuation

  Residential

  $1,144,560

  Hospitality

  $1,048,411

  Educational

  $872,265

  Medical

  $902,264

  Retail

  $1,356,857

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3449

Longitude

-121.919

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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