230 Umbarger RdSan Jose, CA 95111
- Industrial properties
- 12,800 SF
Property Details for 230 Umbarger Rd
- Year built
- 1979
- Lot size
- 2.04 AC
- Property size (Sq ft)
- 12,800 SF
- Zone code
- M1H
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
- APN
- 497-34-002
- APU
- 49734002
Description
This exceptional San Jose investment opportunity presents a fully leased, multi-tenant industrial property ideally suited for both owner-users and investors. Comprising five separate buildings totaling approximately 41,600 square feet of net rentable space, this property sits on a sizable 2.43-acre lot. Currently boasting 100% occupancy with short-term leases, this asset offers significant value-add potential through below-market rents. The property benefits from its strategic location in San Jose, California, providing convenient access to major thoroughfares including Monterey Highway, Capital Expressway, and Curtner Avenue. Each of the five buildings offers multiple side yards for tenant use, enhancing functionality and appeal. The property is zoned MH (Heavy Industrial), allowing for a wide range of manufacturing uses. The property's Assessed Parcel Numbers (APNs) are 497-34-001 and 497-34-002. This is a rare chance to acquire a well-located, multi-tenant industrial portfolio with immediate cash flow and substantial upside. The short-term leases provide an excellent opportunity for future rent increases and long-term value appreciation. This property is located at 230 Umbarger Rd, San Jose, CA 95111.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,387,402
- Hospitality
- $4,018,836
- Educational
- $3,343,625
- Medical
- $3,458,617
- Retail
- $5,201,194
Location Insight
- City
- San Jose
- County
- Santa Clara
- State
- California
- Latitude
- 37.2965
- Longitude
- -121.847
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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