80 Race St - PRICE ADJUSTMENT!
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80 Race St - PRICE ADJUSTMENT!
0.38 Acres of Commercial Land Offered at $2,395,000 in San Jose, CA 95126
Investment Highlights
- Excellent Owner-User / Development Opportunity
- Current Tenants Include a Nursery and a Residential House
- Close Proximity to Google's Diridon Station Project
- Harder Corner +/- 0.38 Ac Lot
- Current Income $10,700/month - Month-Month Leases
- Easy Ingress/Egress
Executive Summary
S&T Group of Marcus & Millichap is pleased to bring to market 78 Race Street in San Jose, CA. Subject Property is an approx. 16,485 SF (0.38 Acres) corner lot occupied by two tenants (a Nursery and a Residential House) on a month-month basis. Combined monthly rental income is $10,700. Property is zoned (CP) - Commercial Pedestrian.
This Offering is a great Opportunity for owner-users, investors, and developers to acquire a property in a direct vicinity to Google's massive Diridon Station Project, with an easy access on Alameda, Park Ave, W San Carlos, Highway 280 and 87.
This Offering is a great Opportunity for owner-users, investors, and developers to acquire a property in a direct vicinity to Google's massive Diridon Station Project, with an easy access on Alameda, Park Ave, W San Carlos, Highway 280 and 87.
Property Facts
| Price | $2,395,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Building Class | C |
| Property Type | Land | Total Lot Size | 0.38 AC |
| Price | $2,395,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Building Class | C |
| Total Lot Size | 0.38 AC |
1 Lot Available
Lot
| Price | $2,395,000 | Lot Size | 0.38 AC |
| Price Per AC | $6,302,632 |
| Price | $2,395,000 |
| Price Per AC | $6,302,632 |
| Lot Size | 0.38 AC |
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Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 261-29-001 | Improvements Assessment | $78,285 |
| Land Assessment | $608,637 | Total Assessment | $686,922 |
PROPERTY TAXES
Parcel Number
261-29-001
Land Assessment
$608,637
Improvements Assessment
$78,285
Total Assessment
$686,922
zoning
| Zoning Code | CP |
| CP |
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80 Race St - PRICE ADJUSTMENT!
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