1900 Lafayette St, Santa Clara, CA 95050 ; office building for sale; B-1 in Santa Clara county

1900 Lafayette St, Santa Clara, CA 95050 ; office building for sale; B-1 in Santa Clara county


1900 Lafayette St, Santa Clara, CA 95050 ; office building for sale; B-1 in Santa Clara county

investment information
For Sale Price: $4,499,730 Sale Status: Active Days on Market: 11
Price/SF: $285.70 Sale Type: Investment
Cap Rate: Sale Conditions:
Parcel No: 224-75-001
investment notes
This is a well maintained two story office building located in the heart of silicon valley.
The Lafayette Business Park
is located in the city of Santa Clara, the heart of Silicon
Valley. It has convenient access along Highway 101 and
880 interstate, as well as the El Camino Real main street.
It is also located in close proximity to the San Jose
International Airport and as well as numerous amenities
located within the area such as the Santa Clara
Convention Center, several hotels, retai l shopping,
restaurants and entertainment venues.
listing broker
Ver CommercialSearch Google for "Ver Commercial"
3350 Scott Blvd
Santa Clara, CA 95054
(408) 486-5650
Adam Brickey
(408) 478-2296 phone
Roger Ver 
Owner
(408) 486-5650 phone
building information
Bldg Type: Office
Bldg Status: Built 1974 Class: C
% Leased: 100.0% Tenancy: Multiple Tenant Rent/SF/yr: For Sale Only
Total Avail: 0 SF Elevators: RBA: 15,750 SF
Bldg Vacant: 0 SF Core Factor: Stories: 2
Typical Floor Size: 7,800 SF Zoning: ML Owner Type:
Const Type: Reinforced Concrete Owner Occupied: No Building FAR: 0.45
Land Area: 0.80 AC
Expenses: 2013 Tax @ $1.25/sf
Parking: 12 free Surface Spaces are available
location information
Park Name: Lafayette Business Park
Metro Market: South Bay/San Jose
Submarket: Santa Clara/Scott Blvd Corridor
County: Santa Clara
building notes
Lafayette Business Park is a light industrial multi-tenant project in Santa
Clara. Recent interior upgrades, felxible interior layouts. Short or long term deals, full commission.

 

For full Sales COMP information click on the Costar COMPS Logo. CoStar Comps(tm)
sale contacts
Recorded Buyer: Memory Dealers.Com Inc
True Buyer: Memory Dealers.Com Inc
Roger Ver
3440-3448 De La Cruz Blvd
Santa Clara, CA 95054
(408) 486-5650
Recorded Seller: Lafayette Business Park, LLC
True Seller: Pelio & Associates
14573 Big Basin Way
Saratoga, CA 95070
(408) 872-9500
Seller Type: Developer/Owner-RGNL
Buyer Broker: No Buyer Broker on Deal Listing Broker: CBRE
Scott Prosser  
(408) 453-7454
Nick Whitstone  
(408) 453-7438
transaction details
Supporting Docs: Grant DeedPDF file(80K); LoanPDF file(595K); Marketing Brochure/FlyerPDF file(253K)
Sale Date: 12/19/2007 (195 days on market) Sale Type: Investment
Escrow Length: Bldg Type: Office
Sale Price: $2,175,000 – Confirmed Year Built/Age: Built 1974  Age: 33
Asking Price: $2,340,000 RBA: 15,750 SF
Price/SF: $138.10 Land Area: 0.80 AC (34,848 SF)
Price/AC Land Gross: $2,718,750 ($62.41/SF)
Percent Leased: 52.6%
Actual Cap Rate:
Sale Conditions:
Percent Improved: 48.4%
Total Value Assessed: $2,404,276 in 2007
Improved Value Assessed: $1,164,319
Land Value Assessed: $1,239,957
Land Assessed/AC: $1,549,946
Financing: Down payment of $1,250,000 (57.5%)
$1,500,000 from Private Lende
research & sources
CoStar Research: Ryan Munneke    
(877) 603-9462 phone
(800) 481-2667 fax
Last Updated: 4/11/2012

Publication Date: 1/10/2008
Verification Sources: Doc Inspection
Listing Broker
sales & loan information
Owner: Ver Roger K
Additional Owner:
Owner Address: 3350 Scott Blvd, Santa Clara, CA  95054
Owner Phone:
Previous Owner: ALPINE REALTY FUND I
1900 Lafayette St - click for full-size image
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assessment & tax information
Tax Year: 2013 Assessed Year: 2013
Tax Amount: $19,757 Total Value Assessed: $1,700,000
Percent Improved: 18.0% Impr Value Assessed: $313,337
Tax Code Area: 07000 Land Value Assessed: $1,386,663
Land Assessed/AC: Land Calc/AC:
Tax Year: 2013 Assessed Year: 2014
Tax Amount: $19,757 Total Value Assessed: $1,800,000
Percent Improved: 23.0% Impr Value Assessed: $407,043
Tax Code Area: 07000 Land Value Assessed: $1,392,957
Land Assessed/AC: Land Calc/AC:
Tax Year: 2012 Assessed Year: 2012
Tax Amount: $31,265 Total Value Assessed: $2,666,660
Percent Improved: 49.0% Impr Value Assessed: $1,307,186
Tax Code Area: 07000 Land Value Assessed: $1,359,474
Land Assessed/AC: Land Calc/AC:
Tax Year: 2010 Assessed Year: 2011
Tax Amount: $29,309 Total Value Assessed: $2,614,373
Percent Improved: 49.0% Impr Value Assessed: $1,281,555
Tax Code Area: 07000 Land Value Assessed: $1,332,818
Land Assessed/AC: Land Calc/AC:
Tax Year: 2009 Assessed Year: 2009
Tax Amount: $29,928 Total Value Assessed: $2,601,000
Percent Improved: 49.0% Impr Value Assessed: $1,275,000
Tax Code Area: 07000 Land Value Assessed: $1,326,000
Land Assessed/AC: Land Calc/AC:
Tax Year: 2009 Assessed Year: 2010
Tax Amount: $29,928 Total Value Assessed: $2,594,835
Percent Improved: 49.0% Impr Value Assessed: $1,271,978
Tax Code Area: 07000 Land Value Assessed: $1,322,857
Land Assessed/AC: Land Calc/AC:
Tax Year: Assessed Year: 2008
Tax Amount: Total Value Assessed: $2,550,000
Percent Improved: 49.0% Impr Value Assessed: $1,250,000
Tax Code Area: 07000 Land Value Assessed: $1,300,000
Land Assessed/AC: Land Calc/AC:
property address
Property Address: 1900 Lafayette St, Santa Clara, CA  95050
County: Santa Clara
Parcel: 224-75-001 Zoning: ML Land Use: Office Building
Alternate Parcel: Census: 5052023185 State Use:
County Use: 59
Township: Section:
Range: Quarter Section:
property information
Bldg Square Footage: 15,600 Buildings: 1 1st Floor SF:
Stories: 2 Units: 13 Basement SF:
Year Built: 1974 Rooms: Garage SF:
Effective Year Built: 1974 Baths: Parking Type:
Construction Type: Roof Type: Parking Spaces:
Flood Zone: 111526808 0 Acres: 0.8 AC Lot Length:
Lot Width:
Subdivision Plat Book: Subdivision Plat Page: Subdivision Track #:
Subdivision Name:
Legal Description: