Downtown Office Suite with Outdoor
For Sale
Contact for pricing
1001 Laurel St, San Carlos, CA 94070
Office suite features an open floor plan, extensive windows, and an outdoor seating area off El Camino Real frontage.
Property Size1,240 SF
Price / SF$1,100
Days on Market674
Property Features for 1001 Laurel St
General Information
Standard status
Active
Size
1,240 SF
Property subtype
OFFICE
Amenities
Outdoor seating area
Wheelchair accessible
Listing Agency:
Kidder Mathews | Redwood Shores
(650) 769-3600
Listed By:
Brett Weber · License #00901454
(650) 771-3000
Source:
Moodyscre
Added: Dec 23, 2024
Changed: Oct 25
Last Checked: Oct 28 at 6:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews | Redwood Shores
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office suite offers an open floor plan with an extensive window line, bringing natural light to the space. The unit also includes an outdoor seating area and is wheelchair accessible.
The property has high visibility with El Camino Real frontage and is within walking distance to downtown San Carlos amenities.
The combination of flexible open layout, strong daylighting, and outdoor seating makes the suite well-suited for a range of office uses that benefit from visibility and accessible features.
The property has high visibility with El Camino Real frontage and is within walking distance to downtown San Carlos amenities.
The combination of flexible open layout, strong daylighting, and outdoor seating makes the suite well-suited for a range of office uses that benefit from visibility and accessible features.
Key Highlights
- Office suite with an open floor plan
- Extensive window line for natural light
- Outdoor seating area off El Camino Real frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,715
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,300
$794.3K
Cap Rate 7%
$567,357
$567.4K
Cap Rate 9%
$441,278
$441.3K
Market Conditions
NOI Build-Up for 1,240 SF
Gross rent
$68.2K $54.96/SF
− Vacancy
−$15.2K −$12.26/SF
EGI
$53.0K $42.70/SF
− OpEx
−$13.2K −$10.68/SF
NOI
$39.7K $32.03/SF
Area
San Mateo County, CA
Vacancy
22.30%
Lease Rate
$54.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,300
Cap Rate 7%
$567,357
Cap Rate 9%
$441,278
Alternative Uses
Best Use
Office B
$567.4K
$496.4K – $661.9K
NOI $39,715 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$984.9K
$861.8K – $1.15M
NOI $68,946 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,963
Businesses Nearby
Explore this area
Business Placement
Demographics for 94070, CA
31,585
Population
11,958
Households
2.6
Avg Household Size
42
Median Age
68%
College-Educated
97%
High-School Grad
6.1 sq mi
ZIP Area
5,178
Density / Sq Mi
$235,373
Median Household Income
$118,194
Median Earnings
$2,802
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office suite features an open floor plan, extensive windows, and an outdoor seating area off El Camino Real frontage.
Where is this office unit located?
The property is located at 1001 Laurel St San Carlos, CA.
What is the asking price?
The asking price for this property is $1,364,000.
What are key features of this property?
This property features: Office suite with an open floor plan; Extensive window line for natural light; Outdoor seating area off El Camino Real frontage
