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Investment Highlights
- Freestanding ±6,000 SF industrial building on ±0.5-acre lot.
- Steel construction with three grade-level roll-up doors.
- 16’–20’ clear height suitable for diverse industrial uses.
- Large fenced and gated side yard for secure storage or operations.
- Approximately 200 amps at 208/120-volt power (buyer to verify).
- Potential for future residential redevelopment.
Executive Summary
This freestanding ±6,000 SF industrial building offers a rare owner-user opportunity in the thriving Milpitas market. Situated on approximately 0.5 acres, the property features a large fenced and gated side yard, providing secure outdoor storage or operational flexibility. The building is constructed with steel and includes three grade-level roll-up doors, ensuring efficient loading and unloading capabilities.
The property is equipped with approximately 200 amps at 208/120-volt power (buyer to verify) and boasts a clear height ranging from 16 to 20 feet, accommodating a variety of industrial uses. Its location near Montague Expressway and major freeways such as I-680, I-880, and SR-237 offers excellent regional connectivity, making it ideal for businesses requiring easy access to the Silicon Valley corridor.
With an asking price of $2,700,000, this asset also presents potential for future residential redevelopment, adding long-term investment appeal. The surrounding area includes a robust mix of retail, dining, and service amenities, as well as proximity to The Great Mall of Milpitas, enhancing convenience for employees and visitors alike.
The property is equipped with approximately 200 amps at 208/120-volt power (buyer to verify) and boasts a clear height ranging from 16 to 20 feet, accommodating a variety of industrial uses. Its location near Montague Expressway and major freeways such as I-680, I-880, and SR-237 offers excellent regional connectivity, making it ideal for businesses requiring easy access to the Silicon Valley corridor.
With an asking price of $2,700,000, this asset also presents potential for future residential redevelopment, adding long-term investment appeal. The surrounding area includes a robust mix of retail, dining, and service amenities, as well as proximity to The Great Mall of Milpitas, enhancing convenience for employees and visitors alike.
Property Facts
| Price | $2,700,000 | Rentable Building Area | 6,000 SF |
| Price Per SF | $450 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1979 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 0.33/1,000 SF |
| Building Class | C | Clear Ceiling Height | 18’ |
| Lot Size | 0.50 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | M2S | ||
| Price | $2,700,000 |
| Price Per SF | $450 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.50 AC |
| Rentable Building Area | 6,000 SF |
| No. Stories | 1 |
| Year Built | 1979 |
| Tenancy | Single |
| Parking Ratio | 0.33/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M2S |
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 086-36-016 | Improvements Assessment | $16,065 |
| Land Assessment | $1,205,804 | Total Assessment | $1,221,869 |
Property Taxes
Parcel Number
086-36-016
Land Assessment
$1,205,804
Improvements Assessment
$16,065
Total Assessment
$1,221,869
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