1731 Technology DrSan Jose, CA 95110

Property Details for 1731 Technology Dr

Year built

1984

Construction

STEEL FRAME

Lot size

15.18 AC

Property size (Sq ft)

320,000 SF

Zone code

APD

Property type

Office properties

Property subtype

Office buildings

APN

230-29-096

APU

23029096

Description

Concourse III, a prestigious Class A office building in San Jose, CA, offers 83,589 square feet of vacant space, divisible into units ranging from 1,421 to 19,423 square feet. Located at 1731 Technology Drive, 95110, this eight-story building boasts a total of 151,548 square feet and sits on a 15.18-acre lot. Built in 1984, the property provides convenient access to major freeways (Highways 87 and 101, Interstates 280, 680, and 17/880) and public transportation, placing it near the Norman Y. Mineta San Jose International Airport and approximately two miles north of downtown San Jose. Amenities include ample free parking (surface and secured garages), on-site management and security, a common conference center, and a fitness center with showers. The Concourse campus also features a retail area with Starbucks and other restaurants. This prime Silicon Valley location offers multiple tenancy options, making it ideal for businesses of various sizes. The building's cross street is Skypark Dr, and it offers a parking ratio of 3.0 spaces per 1000 square feet. This exceptional property presents a unique opportunity for businesses seeking a high-quality, well-amenitized office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $123,880,944

  6.5%

  $114,351,640

  7%

  $106,183,672

• Comparable approach

  Method

  Valuation

  Relative Method

  $89,251,200

  Geo Method

  $89,251,200

• Alternative Use

  Use

  Valuation

  Residential

  $141,796,032

  Hospitality

  $129,884,408

  Educational

  $108,062,304

  Medical

  $111,778,728

  Retail

  $168,096,912

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3672

Longitude

-121.92

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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