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21300 Almaden Rd 1,101 SF Retail Building San Jose, CA 95120 $1,299,000 ($1,179.84/SF)



EXECUTIVE SUMMARY
Obtain rental income from the operational post office now and later build your dream home on a property close to Alamitos Creek! The property is surrounded by single family homes and adjacent to Casa Grande. It is just down the road from the entrance to Quicksilver Park as well as famous La Foret French restaurant. Travel a little further south and you will come to the Alamitos Vineyards winery. The tiny village of New Almaden is nestled in a canyon between the Pueblo Hills and the spurs of the Santa Cruz Mountains. Membership in the Community Club is optional and includes many activities throughout the year including Easter Egg Hunt, 4th of July BBQ, New Almaden Day Parade and much more. Current rental income is $2750 per month through 6/30/2026. USPS has right to renew lease for another 5 years after that until 6/30/2031. Building is 1101sf and lot size 28,314sf.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,101 SF
Building Class
B
Year Built
1975
Price
$1,299,000
Price Per SF
$1,179.84
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.00 AC
Zoning
RR-H1
Parking
11 Spaces (9.99 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 583-18-045 | Improvements Assessment | $74,743 (2025) |
| Land Assessment | $166,113 (2025) | Total Assessment | $240,856 (2025) |
PROPERTY TAXES
Parcel Number
583-18-045
Land Assessment
$166,113 (2025)
Improvements Assessment
$74,743 (2025)
Total Assessment
$240,856 (2025)
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Presented by
VFlight Real Estate
21300 Almaden Rd
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