Updated Dec 20, 2023
Ronnie Missioni Acquires Industrial Property In San Jose For $4.3M
1501 Terminal Avenue, San Jose, California 95112, United States
$4,305,000
$489/SF
Building Size
8,800 SF
Asset Type
Industrial
Closing
Feb 24, 2022
About this deal
AI
The industrial property located at 1501 Terminal Ave in San Jose, CA was recently sold in a closed transaction. The property spans 8,800 square feet and was sold for a total price of $4,305,000, resulting in a price per square foot of $489.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $4,305,000
- Square Footage: 8,800
- Price per Square Foot: $489
The buyer of the property is Ronnie Missioni, while the seller is Bros Maffeo.
The industrial sale at 1501 Terminal Avenue, San Jose, California 95112, United States in San Jose, California sold for $4.3M in 2022. The building is 8,800 square feet, implying about 489 per square foot on the published price. This page is the San Jose, California file for the 1501 Terminal Avenue, San Jose, California 95112, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same San Jose sit in the Market section below. Filter that San Jose industrial set by closing date to see what else sold near 1501 Terminal Avenue, San Jose, California 95112, United States around 2022. Published consideration for 1501 Terminal Avenue, San Jose, California 95112, United States is $4.3M, dated 2022. Cite this Ronnie Missioni Acquires Industrial Property In San Jose For $4.3M sale when underwriting similar industrial product around San Jose, California.
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San Jose Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.68%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93