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1931 Fortune Drive
Off-Market
1931 Fortune Drive, San Jose, CA 95131
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - R&D - Office
- Property Size 70,961 SF
- Lot Size 3.88 Acre
- Parking Spaces Avail. 106
- Parking Ratio 1.50/ 1,000 SF
- Property Tenancy Owner Occupied
- Building Class B
- Year Built 1984
False
Location
- City San Jose, CA
- Neighborhood North Valley
- Zip Code 95131
- Market Bay Area
Contacts
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Owner
Tenants
| Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
| 370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
| 370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Market Trends
Average Actual Rents in San Jose
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 San Jose Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $49.98
- 2020 Office Vacancy Rate 14.46%
- 2020 Office Completions (SF) 461,660
San Jose Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $374.97
- Y-o-Y Avg. PpSF Change 11.77%
- 2020 Office Sales Volume $1.6B
- 2020 Number of Transactions 25
Tax
- Property Tax in 2021-2022 $158,469
- Market Value* $12,576,928
- Assessed Value $12,576,928
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 1931 Fortune Drive?
1931 Fortune Drive totals 70,961 square feet.
When was this property built?
1931 Fortune Drive was built in 1984.
When was 1931 Fortune Drive last sold?
1931 Fortune Drive was last sold on 10 Jul, 2002.
What is the property tax for 1931 Fortune Drive?
The property tax for 1931 Fortune Drive in 2021-2022 was $158,469.
What is the market value for 1931 Fortune Drive?
The market value* for 1931 Fortune Drive in 2021-2022 was $12,576,928.
*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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