3403 Yerba Buena RdSan Jose, CA 95135

  • Life science properties
  • 383,650 SF

Property Details for 3403 Yerba Buena Rd

Year built
1992
Construction
STEEL FRAME
Lot size
36.19 AC
Property size (Sq ft)
383,650 SF
Zone code
APD
Property type
Life science properties
APN
660-19-026
APU
66019026

Description

This exceptional 416,008-square-foot Class A office campus in San Jose, CA, presents a unique investment opportunity. Originally built in 1992 and extensively renovated in 2007, this five-building complex sits on a sprawling 36.19-acre lot. The property boasts a substantial 383,650-square-foot, four-story office/R&D building, complemented by a 23,592-square-foot full-service cafe/restaurant, a 2,091-square-foot security building, and a 4,027-square-foot daycare center. The campus features a robust infrastructure, including over 15,000 amps of power at 277/480V, supplied by five substations with multiple backup systems. Amenities include large meeting areas and conference centers, dock-high shipping and receiving, impressive two-to-three-story atriums providing abundant natural light, and a stunning 10,000-square-foot outdoor roof garden. The property is zoned A(PD) and includes 702 parking spaces. With its impressive scale, modern amenities, and strategic location in San Jose (zip code 95135), this campus offers significant potential for redevelopment or occupancy. The address is 3403 Yerba Buena Rd. The property features multiple elevators.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $238,214,000
    6.5%
    $219,890,000
    7%
    $204,183,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $171,206,000
    Geo Method
    $171,206,000
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $115,616,000
    Mixed-Use / Specialty
    $117,456,000
    Hospitality / Lodging
    $89,105,500
    Office
    $119,104,000
    Institutional / Educational
    $122,912,000
    Residential Income
    $143,807,000
    Multifamily
    $159,989,000
    Automotive / Energy
    $105,353,000
    Parking / Income-Based Land
    $34,131,100
    Restaurant / Food Service
    $65,895,700
    Healthcare / Senior Housing
    $118,139,000

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.306
Longitude
-121.752
CBSA code
41940
CBSA name
SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$324,252
$21,618,758
$1,137,828
$22,756,586
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FAQs

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