1087 Winchester BlvdSan Jose, CA 95128

Property Details for 1087 Winchester Blvd

Year built

1979

Construction

WOOD

Lot size

0.82 AC

Property size (Sq ft)

9,762 SF

Zone code

CP

Property type

Office properties

Property subtype

Office buildings

APN

299-25-038

APU

29925038

Description

This exceptional 0.82-acre commercial land parcel in San Jose, CA (APN 299-25-038), presents a unique investment opportunity. Located at 1087 S Winchester Blvd, 95128, this property boasts pre-approved plans (expected June 2021) for a mixed-use development. The project encompasses 61 residential condominium units (a mix of one, two, and three-bedroom units) and 17,970 square feet of office condominium space. The design incorporates a first floor with residential lobby, common areas, commercial spaces, and parking

• CAP approach

  CAP return

  Valuation

  6%

  $3,053,341

  6.5%

  $2,818,468

  7%

  $2,617,149

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,722,720

  Geo Method

  $2,722,720

• Alternative Use

  Use

  Valuation

  Residential

  $3,494,901

  Hospitality

  $3,201,310

  Educational

  $2,663,452

  Medical

  $2,755,053

  Retail

  $4,143,148

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3072

Longitude

-121.951

CBSA code

41940

CBSA name

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

Property Tax & Assessments

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