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Land For Lease • 0+ SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| Unkwn Floor Ste | - | 0.41 AC | Rate Upon Request | |
This property at 790-798 S 1st Street, San Jose, CA 95113-2812 presents an exceptional development opportunity for a six-story multifamily or flexible-use building in a prime location. In the interim, the site offers strong income potential, generating an estimated $15,000 to $20,000 per month through short-term rentals until construction begins. This combination of immediate revenue and long-term growth makes it an attractive option for investors and developers seeking value in the San Jose market.
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This prime 0.41-acre commercial land parcel, located at 790-798 S 1st Street in San Jose, offers an exceptional redevelopment opportunity. The site consists of four parcels and is zoned CP – Commercial, with city-approved rezoning for a five- to six-story mixed-use building, aligning with similar developments in the area. Positioned in an Opportunity Zone, the property provides potential tax advantages for qualified investments. Its strategic location boasts a Walk Score of 91 (Walker’s Paradise) and Bike Score of 92 (Biker’s Paradise), ensuring excellent accessibility. The lot is well-suited for multifamily development, commercial use, or alternative concepts such as EV charging stations, making it a versatile investment for future growth.
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 4 min | - | 1.2 mi | |
| Tamien (Caltrain - Caltrain (Caltrain)) | 4 min | - | 1.4 mi |
| Airport | Drive | Walk | Distance |
| Norman Y Mineta San Jose International | 9 min | - | 4.3 mi |
| Metro Oakland International | 49 min | - | 36.9 mi |
| San Francisco International | 47 min | - | 37.0 mi |
John Schneider
Intero Real Estate Services, Inc.
John Schneider
Intero Real Estate Services, Inc.
