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DELMAS VILLAGE OM INTERO...120 units SHOVEL READY RESIDENTIAL ONLY REDEVELOPMENT PROJECT in San Jose...

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DELMAS VILLAGE | 120 UNITS 341-365 Delmas Ave | San Jose, CA 96126 FOR SALE BETTY SHEN | REALTOR Realtor | Intero Commercial LICENSE | 2018191 | www.InteroCommercial.com | 408.747.9345 | 650.947.4700 | [email protected]
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Page 1: DELMAS VILLAGE OM INTERO...120 units SHOVEL READY RESIDENTIAL ONLY REDEVELOPMENT PROJECT in San Jose downtown pime location, where 2 blocks aways from Google San Jose Campus and SAP.

DELMAS VILLAGE | 120 UNITS341-365 Delmas Ave | San Jose, CA 96126

FOR SALE

BETTY SHEN | REALTORRealtor | Intero CommercialLICENSE | 2018191

| www.InteroCommercial.com

| 408.747.9345 | 650.947.4700| [email protected]

Page 2: DELMAS VILLAGE OM INTERO...120 units SHOVEL READY RESIDENTIAL ONLY REDEVELOPMENT PROJECT in San Jose downtown pime location, where 2 blocks aways from Google San Jose Campus and SAP.

PROPERTYDETAILSPARCEL NUMBER:264-26-101ACREAGE:0.82 Acres

ZONING:Residential Redevelopment

AVAILABLE SQ FT:3,5574 sf

SHOVEL READY PROJECT!

OUTDOOR COURTYARD

COMMUNITY CLUBHOUSE

Call for PricingPRICING

Google Parcels Purchased

City ParcelsGoogle has Agreements to Buy

Approximate AreaWhere Googleis Interested inDeveloping itsVillage

BAY AREANEWS GROUP

Page 3: DELMAS VILLAGE OM INTERO...120 units SHOVEL READY RESIDENTIAL ONLY REDEVELOPMENT PROJECT in San Jose downtown pime location, where 2 blocks aways from Google San Jose Campus and SAP.

Betty Shen of Intero Commercial, as exclusive representative is proud to present rarely 120 units SHOVEL READY RESIDENTIAL ONLY REDEVELOPMENT PROJECT in San Jose downtown pime location, where 2 blocks aways from Google San Jose Campus and SAP.

This property represents a vacant development site with 0.82AC flat lot. It consists 120 residential units with above grade level parking and 4 stories over podium parking structure. Delmas Village will have a fitness center , community center rooftop deck and electric vehicle charging.

EXECUTIVE SUMMARY

SUPERB LOCATION 0.82AC vacant land site is ideally positioned within the downtown core, oriented withits axis on the corner of Delmas Ave and W San Carlos Street CENTRAL TO MAJOR EMPLOYMENTLocated just west of SR-87 and within downtown San Jose, the area immediately surrounding Diridon Station and the anticipated Google development is a continually evolving submarket with diverse product and tenancy type. In Downtown San Jose, over 7 million SF of office projects have been announced and are at some stage of the planning process.

PROPERTY HIGHLIGHTS

PROPERTY DESCRIPTION

The site offers investors the opportunity to develop in the most dynamic and desirable submarket in San Jose. The Downtown submarket is already home to Adobe headquarters and anticipates expansion by both Adobe and Apple, in addition to the planned development of Google Village. It also boasts an impressive roster of well-known arts and public assembly venues, such as the San Jose Museum of Art, the Tech Museum of Innovation, the San Jose Center for the Performing Arts, Children’s Discovery Museum of San Jose, and the San Jose McEnery Convention Center.

NEIGHBORHOOD/COUNTY

Page 4: DELMAS VILLAGE OM INTERO...120 units SHOVEL READY RESIDENTIAL ONLY REDEVELOPMENT PROJECT in San Jose downtown pime location, where 2 blocks aways from Google San Jose Campus and SAP.

PROPERTY PHOTOS

Page 5: DELMAS VILLAGE OM INTERO...120 units SHOVEL READY RESIDENTIAL ONLY REDEVELOPMENT PROJECT in San Jose downtown pime location, where 2 blocks aways from Google San Jose Campus and SAP.

PROPERTY PHOTOS

Page 6: DELMAS VILLAGE OM INTERO...120 units SHOVEL READY RESIDENTIAL ONLY REDEVELOPMENT PROJECT in San Jose downtown pime location, where 2 blocks aways from Google San Jose Campus and SAP.

LOCATOR MAPS

SINCLA

IR F

WY 23

3,000 VPD

GU

AD

ALU

PE FW

Y

129,20

0 V

PD

DIRIDONSTATION

ABRAHAM LINCOLNHIGH SCHOOL

HERBERT HOOVERMIDDLE SCHOOL

NORMAN Y. MINETASAN JOSE INT. AIRPORT

WOZ AVE

W SANTA CLARA ST

SANTA CLARA ST

THE ALAMEDA

THE ALAMEDA

W SAN FERNANDO ST 4,000 VPD

COLLEGEPARK

VIRGINIASTATION

RACE

CONVENTIONCENTER

SAN FERNANDO

SAN ANTONIO

SANTA CLARANORTH

ST. JAMESNORTH

Page 7: DELMAS VILLAGE OM INTERO...120 units SHOVEL READY RESIDENTIAL ONLY REDEVELOPMENT PROJECT in San Jose downtown pime location, where 2 blocks aways from Google San Jose Campus and SAP.

LOCATION | Santa Clara County

3,536Total Businesses

43,129Total Employees

KEY FACTS

BUSINESS

$47,673Per Capital Income

$44,978Median Net Worth

$82,169Median Household

Income

$118,726Average Household

IncomeAverageHousehold Size

33,006Population

Median Age

33.6

2.4

INCOME

14,856Total Businesses

170,206Total Employees

KEY FACTS

BUSINESS

$41,727Per Capital Income

$71,878Median Net Worth

$83,188Median Household

Income

$119,242AverageHousehold

IncomeAverageHousehold Size

243,665Population

Median Age

34.2

2.7

INCOME

34,166Total Businesses

381,935Total Employees

KEY FACTS

BUSINESS

$40,352Per Capital Income

$116,339Median Net Worth

$92,145Median Household

Income

$124,012Average Household

IncomeAverageHousehold Size

698,841Population

Median Age

35.4

3.0

INCOME

1 MILE 3 MILES 5 MILES

Page 8: DELMAS VILLAGE OM INTERO...120 units SHOVEL READY RESIDENTIAL ONLY REDEVELOPMENT PROJECT in San Jose downtown pime location, where 2 blocks aways from Google San Jose Campus and SAP.

DEMOGRAPHICS | BERRYESSA, SAN JOSE

2019 SUMMARY

Population

Households

Families

Average Household Size

Owner Occupied Housing Units

Renter Occupied Housing Units

Median Age

Median Household Income

Average Household Income

1 MILE

33,006

13,158

6,141

2.42

3,486

9,672

33.6

$82,169

$118,726

3 MILES

243,665

84,789

49,618

2.74

33,352

51,437

34.2

$83,188

$119,242

5 MILES

698,841

226,910

152,365

3.01

108,698

118,212

35.4

$92,145

$124,012

2024 SUMMARY

Population

Households

Families

Average Household Size

Owner Occupied Housing Units

Renter Occupied Housing Units

Median Age

Median Household Income

Average Household Income

1 MILE

37,440

15,161

7,042

2.39

3,797

11,364

34.4

$102,774

$140,168

3 MILES

257,016

89,769

52,412

2.74

34,990

54,779

34.9

$101,916

$139,525

5 MILES

732,359

237,746

159,479

3.02

113,432

124,314

36.3

$109,346

$145,155

5 MILES

3 MILES

1 MILE

Page 9: DELMAS VILLAGE OM INTERO...120 units SHOVEL READY RESIDENTIAL ONLY REDEVELOPMENT PROJECT in San Jose downtown pime location, where 2 blocks aways from Google San Jose Campus and SAP.

CONTACT

MOBILE | 650.947.7400

CELL | 408.747.9345

EMAIL | [email protected]

BETTY SHENRealtor| Intero Commercial


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