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790-798 S 1st St 0.41 Acres of Commercial Land Offered at $4,100,000 in San Jose, CA 95113

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INVESTMENT HIGHLIGHTS

Good for mid-rise development or EV charging stations.
Strategic position to capture significant vehicle and pedestrian flow.

Situated in the heart of San Jose with excellent visibility and accessibility.

EXECUTIVE SUMMARY

Redevelopment for Mixed-Use project for 4 parcels. City has approved rezoning for 5-6 story building as similar development underway across the street. Protentional use as as EV parking lot.

PROPERTY FACTS

Price	$4,100,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Multifamily Apartment Units Apartment Units - Condo
Sale Condition	Redevelopment Project	Total Lot Size	0.41 AC
No. Lots	1	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.
Property Type	Land
Zoning	CP - Commercial

Price	$4,100,000
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Apartment Units Apartment Units - Condo
Total Lot Size	0.41 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.
Zoning	CP - Commercial

1 LOT AVAILABLE

Lot

Price	$4,100,000	Lot Size	0.41 AC
Price Per AC	$10,099,293.30

Price	$4,100,000
Price Per AC	$10,099,293.30
Lot Size	0.41 AC

This property at 790-798 S 1st Street, San Jose, CA 95113-2812 offers a prime opportunity for innovative development. Currently suited for uses such as an EV charging station or a car rental company, the site provides flexibility for investors.

DESCRIPTION

This prime piece of land is zoned to accommodate a six-story building, offering an exceptional investment opportunity for those looking to capitalize on future growth and development.

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Walk Score®

Walker's Paradise (91)

Bike Score®

Biker's Paradise (92)

What is a Walk Score®, Transit Score® & Bike Score®?

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Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 472-17-010 472-17-009 472-17-008 472-17-007	Improvements Assessment	$754,825
Land Assessment	$1,742,423	Total Assessment	$2,497,248

PROPERTY TAXES

Parcel Numbers

Multiple

472-17-010
472-17-009
472-17-008
472-17-007

Land Assessment

$1,742,423

Improvements Assessment

$754,825

Total Assessment

$2,497,248

(650) 931-8300

CONTACTS

Justin Schneider
John Schneider
Intero Real Estate Services, Inc.

Listing ID: 25905113
Date on Market: 6/10/2022
Last Updated:
Address: 790-798 S 1st St, San Jose, CA 95113

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