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Capitol
San Jose, CA 95127
Land For Sale · 0.17 AC

INVESTMENT HIGHLIGHTS

  • Asphalt parking lot leased to Mark's Hot Dogs on a month-to-month basis
  • Current rent is $2,000 per month, triple net, which is well below market
  • The site is one-half mile to Interstate 680 and less than one-half mile to VTA light rail
  • The subject property provides all customer parking for the business and there is no street parking
  • Traffic counts exceed 22,000 vehicles per day at the subject property
  • The general plan for the site allows for residential development

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use Parking Lot
Total Lot Size 0.17 AC
Cross Streets Alum Rock Avenue
Zoning Pedestrian Commercial

DESCRIPTION

Asphalt parking lot used by adjacent Mark's Hot Dogs.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
484-20-078
Land Assessment
$530,604
Improvements Assessment
$0
Total Assessment
$530,604
  • Listing ID: 26826307

  • Date on Market: 10/11/2022

  • Last Updated:

  • Address: Capitol, San Jose, CA 95127

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