Flex Space with Front
1141 San Mateo Ave, San Bruno, CA 94066
For Sale
$1,250,000
Warehouse space is paired with a front office, an ADA-accessible restroom, and upgraded building systems.
Property Size2,500 SF
Price / SF$500
Days on Market47
Property Features for 1141 San Mateo Ave
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
Century 21 Masters
Listed By:
Fanny J Liao
(415) 309-3149
Source:
Matterogers
Added: Sep 24
Changed: Oct 26
Last Checked: Oct 7 at 5:24PM
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 Century 21 Masters
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Investment Insights
Based on property information with market context.
This 2,500-square-foot flex property combines a front office and ADA-accessible restroom with warehouse space. The warehouse has approximately 13-foot ceilings. Improvements include LED lighting, a new LiftMaster roll-up door, updated plumbing, a renovated restroom, and upgraded electrical service with a 200-amp main panel. Built in 1969, the property is currently leased on a month-to-month basis.
The San Bruno property is minutes from SFO, BART, and major freeway access.
The San Bruno property is minutes from SFO, BART, and major freeway access.
Key Highlights
- 2,500 square feet with front office and warehouse area
- Approximately 13‑foot warehouse ceilings
- ADA‑accessible restroom; restroom renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,159
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,983,180
$2.0M
Cap Rate 7%
$1,416,557
$1.4M
Cap Rate 9%
$1,101,767
$1.1M
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$171.6K $68.64/SF
− Vacancy
−$19.0K −$7.62/SF
EGI
$152.6K $61.02/SF
− OpEx
−$53.4K −$21.36/SF
NOI
$99.2K $39.66/SF
Area
San Mateo County, CA
Vacancy
11.10%
Lease Rate
$68.64 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,983,180
Cap Rate 7%
$1,416,557
Cap Rate 9%
$1,101,767
Alternative Uses
Best Use
Flex RnD
$1.42M
$1.24M – $1.65M
NOI $99,159 @ 7.0% cap · market cap 7.93%
Second Best
Industrial
$427.5K
$374.1K – $498.8K
NOI $29,925 @ 7.0% cap · market cap 2.39%
Theoretical Best
Office A
$1.52M
$1.33M – $1.78M
NOI $106,667 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,750
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94066, CA
44,147
Population
16,736
Households
2.6
Avg Household Size
40
Median Age
44%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
7,237
Density / Sq Mi
$135,976
Median Household Income
$66,057
Median Earnings
$2,696
Median Rent
$1,199,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in San Mateo County, CA
Properties on Market for Flex space in San Mateo County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Le'chon Catering — 169 san bruno ave w, san bruno, ca 94066
- Total Success Event Services — 901 Sneath Ln Suite 113, San Bruno, CA 94066
- Air Culinaire Worldwide Inflight Catering San Francisco — 1098 San Mateo Ave #3, South San Francisco, CA 94080
- The Box Lunch Company — 360 Shaw Rd C, South San Francisco, CA 94080
- Debbie's Creative Catering — 330 Shaw Rd, South San Francisco, CA 94080
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse space is paired with a front office, an ADA-accessible restroom, and upgraded building systems.
Where is this flex space located?
The property is located at 1141 San Mateo Ave San Bruno, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2,500 square feet with front office and warehouse area; Approximately 13‑foot warehouse ceilings; ADA‑accessible restroom; restroom renovated
