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Cisco Site 5.1 - 870 Alder Drive
870 Alder Drive, Milpitas, CA 95134
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- Property Type Office - General Office
- Property Size 82,325 SF
- Lot Size 26.2 Acre
- Parking Spaces Avail. 222
- Parking Ratio 2.70/ 1,000 SF
- Property Tenancy Vacant
- Building Class B
- Year Built 2001
- City Milpitas, CA
- Neighborhood Milpitas
- Zip Code 95134
- Market Bay Area
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Average Actual Rents in Milpitas
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Milpitas Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $31.60
- 2020 Office Vacancy Rate 13.42%
- 2020 Office Completions (SF)
Milpitas Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $319.47
- Y-o-Y Avg. PpSF Change -17.18%
- 2020 Office Sales Volume $216.6M
- 2020 Number of Transactions 3
- Property Tax in 2021-2022 $5,038,495
- Market Value* $424,794,975
- Assessed Value $424,794,975
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of Cisco Site 5.1 - 870 Alder Drive?
Cisco Site 5.1 - 870 Alder Drive totals 82,325 square feet.
When was this property built?
Cisco Site 5.1 - 870 Alder Drive was built in 2001.
What is the property tax for Cisco Site 5.1 - 870 Alder Drive?
The property tax for Cisco Site 5.1 - 870 Alder Drive in 2021-2022 was $5,038,495.
What is the market value for Cisco Site 5.1 - 870 Alder Drive?
The market value* for Cisco Site 5.1 - 870 Alder Drive in 2021-2022 was $424,794,975.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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