2560 Fontaine Rd - Fontaine Road
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2560 Fontaine Rd - Fontaine Road
1.65 Acres of Commercial Land Offered at $8,995,000 in San Jose, CA 95121
Executive Summary
CBRE, as exclusive advisor, is pleased to present the outstanding opportunity to acquire 2560 Fontaine Road APN: 670-01-029 (the “Property”), a 1.29-acre development site located in San Jose, California.
The Property is located adjacent to Highway 101 and Tully Road, and within 1.0 miles of Foodmaxx, within 1.3 miles of Eastridge Mall, and within 1.6 miles of Target and Sprouts.
The Property has a General Plan Land Use designation of “Neighborhood/Community Commercial” (NCC), which supports a broad range of future residential and commercial developments. In addition, the site is located within the San Jose Urban Village of “C34 = Tully Rd/S. King Rd,” which is part of Horizon #3, and is also in a designated 2024 Qualified Census Tracts (QCTs) area.
The Property will be delivered to qualified developers as vacant land upon close of escrow. If you are interested in a larger development site, the owner of the Property also acquired the 3.4 acre Motel 6 located adjacent to the Subject Property and is willing to combine the parcels totaling 4.69 acres, or contribute land to make the Subject Property a perfect square. Please contact the CBRE Listing Team for additional information on assemblage options.
Please direct all inquiries and offers to CBRE. Ownership is open to reviewing both close upon entitlement offers as well as quick close offers, and offers will be reviewed and accepted as they are received from qualified parties.
The Property is located adjacent to Highway 101 and Tully Road, and within 1.0 miles of Foodmaxx, within 1.3 miles of Eastridge Mall, and within 1.6 miles of Target and Sprouts.
The Property has a General Plan Land Use designation of “Neighborhood/Community Commercial” (NCC), which supports a broad range of future residential and commercial developments. In addition, the site is located within the San Jose Urban Village of “C34 = Tully Rd/S. King Rd,” which is part of Horizon #3, and is also in a designated 2024 Qualified Census Tracts (QCTs) area.
The Property will be delivered to qualified developers as vacant land upon close of escrow. If you are interested in a larger development site, the owner of the Property also acquired the 3.4 acre Motel 6 located adjacent to the Subject Property and is willing to combine the parcels totaling 4.69 acres, or contribute land to make the Subject Property a perfect square. Please contact the CBRE Listing Team for additional information on assemblage options.
Please direct all inquiries and offers to CBRE. Ownership is open to reviewing both close upon entitlement offers as well as quick close offers, and offers will be reviewed and accepted as they are received from qualified parties.
Data Room Click Here to Access
Property Facts
| Price | $8,995,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.65 AC |
| Property Type | Land |
| Price | $8,995,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.65 AC |
1 Lot Available
Lot
| Price | $8,995,000 | Lot Size | 1.65 AC |
| Price Per AC | $5,451,515 |
| Price | $8,995,000 |
| Price Per AC | $5,451,515 |
| Lot Size | 1.65 AC |
Please reach out to the CBRE Listing Team for additional information & Offering Memorandum. Ability to increase lot size to 1.65-4.70 acres - Contact CBRE for more details. Ownership is open to close upon entitlement or a quick close at discount.
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PROPERTY TAXES
| Parcel Number | 670-01-029 | Improvements Assessment | $0 |
| Land Assessment | $6,743,172 | Total Assessment | $6,743,172 |
PROPERTY TAXES
Parcel Number
670-01-029
Land Assessment
$6,743,172
Improvements Assessment
$0
Total Assessment
$6,743,172
zoning
| Zoning Code | CG (Commercial General) |
| CG (Commercial General) |
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Jefrey Henderson -
Jon Teel -
Ben Mollahan -
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2560 Fontaine Rd - Fontaine Road
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