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    199 Floo Millbrae, CA 94030

    For Sale
    Contact for pricing

    High-Visibility, Subdividable Office Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property, located at 199 Drive, Unit 2nd Floor, Millbrae, CA, presents a unique leasing opportunity. The entire second floor is available, offering significant flexibility with its subdividable layout. Boasting high visibility and abundant foot traffic, this space is ideally situated for a variety of businesses. Its prime location offers unparalleled convenience, being just a half-mile from Highway 280 and a short five-minute drive to San Francisco International Airport (SFO). The proximity to Millbrae BART and Caltrain stations ensures easy commutes for employees and clients. Ample on-site parking is available, with additional spaces conveniently located across the street. This professional office building benefits from its proximity to the thriving retail and dining options of Burlingame Plaza and Friendship Plaza, and is only a short distance from El Camino Real and downtown Millbrae. The property sits on a 0.42-acre lot. Please note that this building does not have an elevator. The asking price is $19,000. This is an excellent opportunity to establish a presence in a highly desirable and accessible location.

    Property Features for 199 Floo

    General Information

    Property type
    Mixed-use properties
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1958
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Millbrae
    County
    San Mateo
    State
    California
    Longitude
    -122.3984
    Latitude
    37.6014

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    FAQs

    What type of property is this?
    Mixed-use property - High-Visibility, Subdividable Office Space
    Where is this mixed-use property located?
    The property is located at 199 Floo Millbrae, CA.
    What is the asking price?
    The asking price for this property is $19,000.
    (650) 373-0007
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    199 Floo Millbrae, CA 94030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    199 Floo Millbrae, CA 94030
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