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Investment Highlights
- Located at a signalized corner along Saratoga Avenue near Stevens Creek Boulevard.
- 72 on-site parking spaces and two service bays provide enhanced functionality.
- Excellent connectivity to major roadways including Highway 280 and San Tomas Expressway.
- ±1-acre parcel with MUCC zoning supporting mixed-use and commercial redevelopment.
- Surrounded by major retailers, auto dealerships, and new residential developments.
- Within the Stevens Creek Focus Area, a dynamic hub in central Santa Clara.
Executive Summary
This property presents an opportunity to acquire a well-positioned office asset in the heart of Santa Clara, adjacent to the Stevens Creek Focus Area. The building spans approximately 12,670 square feet on a one-acre parcel with MUCC zoning, which encourages mixed-use development potential. Current tenancy includes established professional and healthcare users, providing an income stream while affording flexibility for future repositioning.
Located at a signalized corner, the site offers 72 parking spaces (5.7/1,000 ratio) and dual service bays, enhancing operational functionality. With convenient access to Highway 280, Stevens Creek Boulevard, and San Tomas Expressway, the property benefits from excellent regional connectivity. Surrounding developments include high-traffic retail corridors, new multi-story housing, and major auto dealerships, reinforcing the area’s commercial vitality.
The combination of strong location fundamentals, redevelopment potential, and operational versatility presents an offering suitable for investors or owner-users looking for a long-term value proposition in Silicon Valley.
Located at a signalized corner, the site offers 72 parking spaces (5.7/1,000 ratio) and dual service bays, enhancing operational functionality. With convenient access to Highway 280, Stevens Creek Boulevard, and San Tomas Expressway, the property benefits from excellent regional connectivity. Surrounding developments include high-traffic retail corridors, new multi-story housing, and major auto dealerships, reinforcing the area’s commercial vitality.
The combination of strong location fundamentals, redevelopment potential, and operational versatility presents an offering suitable for investors or owner-users looking for a long-term value proposition in Silicon Valley.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,670 SF
Building Class
B
Year Built
1966
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,230 SF
Slab To Slab
9’
Building FAR
0.28
Lot Size
1.05 AC
Zoning
OG, Santa Clara
Parking
50 Spaces (4.01 Spaces per 1,000 SF Leased)
Amenities
- Signage
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 294-39-002 | Improvements Assessment | $1,062,070 |
| Land Assessment | $2,473,918 | Total Assessment | $3,535,988 |
Property Taxes
Parcel Number
294-39-002
Land Assessment
$2,473,918
Improvements Assessment
$1,062,070
Total Assessment
$3,535,988
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70 Saratoga Ave
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