2222 Trade Zone Blvd, San Jose, CA 95131

$7,780,000
Sold Price
$7,780,000
List Price
$8,000,000
Closing Date
May 22, 2019
MLS#
ML81702673
Status
SOLD
Lot Size
92,169
Listing Area
Berryessa
Year Built
1983

Property Description

Back on market, no fault of owner! Reduced Price!! Ideally situated less than a half mile, 9 min walk, from Light Rail and very close to the south bay BART extension. Large free standing building on a large corner lot in an area being rezoned for high density housing! A great investment opportunity. Current financials reflect a low cap rate, this is due to related party occupying building. Current tenants planning to leave by end of year allowing for cap rate to increase significantly with market rate tenants. Signage and exposure on busy intersection.

Additional Information

Acres
2.1159
Age
35
Cooling System
Central AC, Multi-Zone
Floor Covering
Carpet, Vinyl / Linoleum
Foundation
Concrete Slab
Garage Parking
Guest / Visitor Parking, Parking Area, Room for Oversized Vehicle, Uncovered Parking
Heating System
Central Forced Air
Lot Size
92,169
Neighborhood
Berryessa
Other Utilities
Communication Wiring, Garbage Collection
Present Use
Office
Roof
Rolled Composition
Sewer
Drainage - Other, Sewer - Public
Special Features
Parking, Wheelchair Access
Zoning
C1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Dwight David Black from Black Oak Properties, Inc.

Selling Office: KWSN.

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