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2850 S El Camino Real 7,419 SF Office Building San Mateo, CA 94403 $7,300,000 ($983.96/SF)
INVESTMENT HIGHLIGHTS
- Next to Hillsdale Shopping center
- Potential redevelopment opportunity
EXECUTIVE SUMMARY
The Existing building is in excellent shape. Keep for investment, or reconstruct with the plan that has been through the public hearings already. Excellent location. Long-term Government tenant, great redevelopment opportunity. Existing lease just renewed with Gov. HVAC units completely replaced in 2024.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
7,419 SF
Building Class
C
Year Built
1957
Price
$7,300,000
Price Per SF
$983.96
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,709 SF
Building FAR
0.27
Lot Size
0.63 AC
Zoning
C20001
Parking
53 Spaces (7.14 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Arm Forces Career Center
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Arm Forces Career Center | Services | - | - | - |
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Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 039-353-060 | Improvements Assessment | $284,454 |
| Land Assessment | $9,387,090 | Total Assessment | $9,671,544 |
PROPERTY TAXES
Parcel Number
039-353-060
Land Assessment
$9,387,090
Improvements Assessment
$284,454
Total Assessment
$9,671,544
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2850 S El Camino Real
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