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1266 E Julian St 14,742 SF Industrial Building San Jose, CA 95116 $5,950,000 ($403.61/SF)

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Investment Highlights

Urban Village Allows for High Density Development Residential and/or mixed use Residential Commercial
Located one block from Proposed BART Station extension

Opportunity Zone drives higher ROI via Federal Capital Gains Tax Incentives

Executive Summary

This property is located within an Opportunity Zone and also within the Five Wounds Urban Village of San Jose. Strong potential to develop high density housing and/or mixed use residential/commercial in a tax efficient manner. Proposed BART (train) station site is just one block away. This property is comprised of seven contiguous parcels totaling 35,763 Sq. Ft. (0.82 acres) and currently used as a food manufacturing plant consisting of two buildings totaling 14,742 Sq. Ft. Parking includes 34 uncovered spaces on-site with additional street parking available on N. 27th St. Current Owner-User will vacate. FDA and food processing registered facility (previously USDA approved). Contact Gary Nobile | gary@garynobile.com | (408) 857-0043

Property Facts

Price	$5,950,000	No. Stories	2
Price Per SF	$403.61	Year Built/Renovated	1968/1987
Sale Type	Investment or Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	2.31/1,000 SF
Property Subtype	Food Processing General Retail Storefront Industrial Manufacturing Industrial Refrigeration ColdStorage	Clear Ceiling Height	20’
Building Class	C	No. Drive In / Grade-Level Doors	2
Lot Size	0.82 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	14,742 SF
Zoning	LI - Light Industrial, Opportunity Zone, Five Wounds Urban Village (slated for high density development)

Price	$5,950,000
Price Per SF	$403.61
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Food Processing General Retail Storefront Industrial Manufacturing Industrial Refrigeration ColdStorage
Building Class	C
Lot Size	0.82 AC
Rentable Building Area	14,742 SF
No. Stories	2
Year Built/Renovated	1968/1987
Tenancy	Single
Parking Ratio	2.31/1,000 SF
Clear Ceiling Height	20’
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	LI - Light Industrial, Opportunity Zone, Five Wounds Urban Village (slated for high density development)

Cooler

Fenced Lot

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Lighting - Fluorescent

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Walk Score®

Very Walkable (84)

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Property Taxes

Parcel Numbers	Multiple 467-07-004 467-07-008 467-07-051 467-07-049 467-07-050 467-07-007	Improvements Assessment	$195,205
Land Assessment	$1,399,956	Total Assessment	$1,595,161