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280 El Camino Real 7,532 SF Retail Building San Carlos, CA 94070 $4,500,000 ($597.45/SF)
Investment Highlights
- Limited availability El Camino Real freestanding floor to ceiling window retail frontage
- Close proximity to downtown San Carlos and Caltrain Station
- Ideal for an owner user or leasehold value add investment
- High exposure corner lot with +/- 25,000 vehicles per day along El Camino Real
- Wide range of permitted commercial uses and adaptive reuses including daycare, recreation, etc.
- Upzoning allowing 28 units (120 units per net acre) for a boutique standalone development opportunity
Executive Summary
Owner User
±7,568 SF Single Tenant Retail Show Room Space
Within a 3 mile radius of 280 El Camino Real, the median household income, which is above average versus other similar ranges
within San Mateo county, translates into a corresponding above average median home value and consumer spending.
±7,568 SF Single Tenant Retail Show Room Space
Within a 3 mile radius of 280 El Camino Real, the median household income, which is above average versus other similar ranges
within San Mateo county, translates into a corresponding above average median home value and consumer spending.
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
7,532 SF
Building Class
C
Year Built
1962
Price
$4,500,000
Price Per SF
$597.45
Tenancy
Single
Building Height
2 Stories
Building FAR
0.71
Lot Size
0.24 AC
Zoning
MU-N- 120 - Mixed-Use Neighborhood, 120 du/ac
Parking
10 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
169’ on El Camino Real
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 050-053-100 | Improvements Assessment | $222,551 |
| Land Assessment | $2,130,833 | Total Assessment | $2,353,384 |
Property Taxes
Parcel Number
050-053-100
Land Assessment
$2,130,833
Improvements Assessment
$222,551
Total Assessment
$2,353,384
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280 El Camino Real