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507 O'Neill Ave 6,700 SF Flex Building Belmont, CA 94002 $2,600,000 ($388.06/SF)



Investment Highlights
- Approximately ±20-foot clear height within the warehouse.
- Additional ±5,000 square feet of mezzanine office/storage space.
- Two grade-level doors.
- Equipped with HVAC and sprinkler systems for enhanced functionality.
- Located in MI County zoning with annexation to Belmont for added jurisdictional benefits.
Executive Summary
This property at 507 Oneill Avenue in Belmont, CA offers a rare owner-user or investor opportunity in a prime Peninsula location. Situated on approximately 9,500 square feet of land, the building features a functional footprint of ±6,700 square feet and includes an additional ±5,000 square feet of mezzanine level for office or storage use. With two grade-level doors and a warehouse clearance of ±20 feet, the property accommodates efficient loading and material handling operations.
The facility is enhanced with HVAC systems, sprinklers, and flexible interior layout options to suit a range of industrial or distribution uses. Located within MI County zoning and recently annexed to Belmont, the site benefits from favorable business conditions, central positioning in the Bay Area, and proximity to major transportation routes including US-101 and I-280. This address places your operations within easy reach of dense residential neighborhoods, commercial corridors, and regional technology hubs. Offered at $2.6 million, this property represents a strong foothold in a thriving economic region with excellent connectivity for logistics and workforce access.
The facility is enhanced with HVAC systems, sprinklers, and flexible interior layout options to suit a range of industrial or distribution uses. Located within MI County zoning and recently annexed to Belmont, the site benefits from favorable business conditions, central positioning in the Bay Area, and proximity to major transportation routes including US-101 and I-280. This address places your operations within easy reach of dense residential neighborhoods, commercial corridors, and regional technology hubs. Offered at $2.6 million, this property represents a strong foothold in a thriving economic region with excellent connectivity for logistics and workforce access.
Property Facts
| Price | $2,600,000 | Rentable Building Area | 6,700 SF |
| Price Per SF | $388.06 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1957 |
| Property Type | Flex | Tenancy | Single |
| Building Class | C | Parking Ratio | 2.99/1,000 SF |
| Lot Size | 0.22 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | M1 - San Mateo County (annexation to Belmont) | ||
| Price | $2,600,000 |
| Price Per SF | $388.06 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.22 AC |
| Rentable Building Area | 6,700 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Tenancy | Single |
| Parking Ratio | 2.99/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M1 - San Mateo County (annexation to Belmont) |
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 046-030-240 | Improvements Assessment | $450,688 |
| Land Assessment | $1,171,800 | Total Assessment | $1,622,488 |
Property Taxes
Parcel Number
046-030-240
Land Assessment
$1,171,800
Improvements Assessment
$450,688
Total Assessment
$1,622,488
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