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Optical Tech Park - 5921 Optical Court

Off-Market

5921 Optical Court, San Jose, CA 95138

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  • Property Type Office - R&D - Office
  • Property Size 67,703 Sqft
  • Lot Size 7.34 Acre
  • Parking Spaces Avail. 264
  • Parking Ratio 3.90/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 2003

Location

  • City San Jose, CA
  • Neighborhood Santa Teresa
  • Zip Code 95138
  • Market Bay Area

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 16 Apr, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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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 (Sqft) 461,660

San Jose Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $374.97
  • Y-o-Y Avg. PpSF Change 11.77%
  • 2020 Office Sales Volume $1.6B
  • 2020 Number of Transactions 25
View more San Jose market trends

Tax

  • Property Tax in 2021-2022 $379,605
  • Market Value $29,744,923
  • Assessed Value $29,744,923

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Optical Tech Park - 5921 Optical Court?

Optical Tech Park - 5921 Optical Court totals 67,703 square feet.

When was this property built?

Optical Tech Park - 5921 Optical Court was built in 2003.

When was Optical Tech Park - 5921 Optical Court last sold?

Optical Tech Park - 5921 Optical Court was last sold on 16 Apr, 2019.

What is the property tax for Optical Tech Park - 5921 Optical Court?

The property tax for Optical Tech Park - 5921 Optical Court in 2021-2022 was $379,605.

What is the market value for Optical Tech Park - 5921 Optical Court?

The market value for Optical Tech Park - 5921 Optical Court in 2021-2022 was $29,744,923.

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