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85 Old Tully Rd 7,200 SF Industrial Building 85 Old Tully Rd 7,200 SF 100% Leased Industrial Building San Jose, CA 95111 $7,150,000 ($993.06/SF)



INVESTMENT HIGHLIGHTS
- San Jose - ±7,200 SF Industrial Bldg, 1,200 SF of Offices
- Zoned Heavy Industrial: Ideal Owner/User or New Development Opportunity
- Drive-In/ Grade Level Doors
- 2.09 Acres (± 91,040 SF of Fenced Yard)
- Newer roof and skylights in warehouse/manufacturing area
- 400 AMPS of distributed power (Buyer to verify)
EXECUTIVE SUMMARY
Pricing Breakdown:
Building: $350 psf with 40% land coverage
Excess Land: 73,000sf @ 63.50 psf
This 7,200 sq ft industrial building in San Jose, California presents a unique opportunity for either an owner/user or a new development. Situated on a generous 2.09-acre lot with Heavy Industrial zoning, the property boasts excellent access to major freeways (Interstate 101, 280, 880, and 87).
This site has been family-owned since 1950.
Key features of the property include:
•Sizeable Building & Offices: The building offers 7,200 sq ft of industrial space, which includes 1,200 sq ft of offices, with additional mezzanine office and storage space not included in the total building square footage.
•Expansive Outdoor Space: The 2.09-acre lot provides approximately 91,040 sq ft of fenced yard space.
•Functional Industrial Features: The building has a 12-foot interior clear height, drive-in/grade level doors, and two overhead cranes.
•Infrastructure & Upgrades: It is equipped with 400 AMPS of distributed power (buyer to verify) and features a newer roof and skylights in the warehouse/manufacturing area.
•Location and Accessibility: The prime San Jose location offers easy access to major transportation arteries, making it convenient for logistics and distribution.
•Development Potential: The Heavy Industrial zoning provides significant potential for redevelopment, subject to city regulations.
•Extensive Parking Area: The property includes an extensive parking area, enhancing its appeal for various uses.
•APN #'s: 477-22-003 and 477-22-006
Building: $350 psf with 40% land coverage
Excess Land: 73,000sf @ 63.50 psf
This 7,200 sq ft industrial building in San Jose, California presents a unique opportunity for either an owner/user or a new development. Situated on a generous 2.09-acre lot with Heavy Industrial zoning, the property boasts excellent access to major freeways (Interstate 101, 280, 880, and 87).
This site has been family-owned since 1950.
Key features of the property include:
•Sizeable Building & Offices: The building offers 7,200 sq ft of industrial space, which includes 1,200 sq ft of offices, with additional mezzanine office and storage space not included in the total building square footage.
•Expansive Outdoor Space: The 2.09-acre lot provides approximately 91,040 sq ft of fenced yard space.
•Functional Industrial Features: The building has a 12-foot interior clear height, drive-in/grade level doors, and two overhead cranes.
•Infrastructure & Upgrades: It is equipped with 400 AMPS of distributed power (buyer to verify) and features a newer roof and skylights in the warehouse/manufacturing area.
•Location and Accessibility: The prime San Jose location offers easy access to major transportation arteries, making it convenient for logistics and distribution.
•Development Potential: The Heavy Industrial zoning provides significant potential for redevelopment, subject to city regulations.
•Extensive Parking Area: The property includes an extensive parking area, enhancing its appeal for various uses.
•APN #'s: 477-22-003 and 477-22-006
PROPERTY FACTS
| Price | $7,150,000 | Rentable Building Area | 7,200 SF |
| Price Per SF | $993.06 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1952 |
| Property Type | Industrial | Parking Ratio | 8/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 12’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 2.09 AC | Opportunity Zone |
Yes
|
| Zoning | HI - Heavy industrial | ||
| Price | $7,150,000 |
| Price Per SF | $993.06 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 2.09 AC |
| Rentable Building Area | 7,200 SF |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 8/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | HI - Heavy industrial |
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 477-22-006 | Improvements Assessment | $500,000 |
| Land Assessment | $1,400,000 | Total Assessment | $1,900,000 |
PROPERTY TAXES
Parcel Number
477-22-006
Land Assessment
$1,400,000
Improvements Assessment
$500,000
Total Assessment
$1,900,000
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85 Old Tully Rd 7,200 SF Industrial Building | 85 Old Tully Rd
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