Improved Flex Space With
For Sale
$1,250,000
1141 San Mateo Avenue, San Bruno, CA 94066
Commercial Sale, San Bruno, CA
Property Size2,500 SF
Lot Size0.06 Acres
Price / SF$500
Days on Market48
Property Features for 1141 San Mateo Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Belleair-Etc
Standard status
Active
APN
014271050
Size
2,500 SF
Lot size
0.06 Acres
Amenities
office area
ADA-accessible restroom
LED lighting
Lift Master roll-up door
updated plumbing
renovated restroom
upgraded electrical service with 200-amp main panel
13-foot ceilings
Building Details
Year built
1969
Listing Agency:
Century 21 Masters · Century 21 Real Estate
(415) 213-1600
Listed By:
Fanny J Liao
(415) 309-3149
Added: Aug 21
Changed: Sep 8
Last Checked: Oct 7 at 2:06PM
MLS# 426156663
Copyright © 2026 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,500-square-foot flex property includes a front office area, an ADA-accessible restroom, and warehouse space with approximately 13-foot ceilings. Recent work includes LED lighting, a LiftMaster roll-up door, updated plumbing, a renovated restroom, and upgraded electrical service supported by a 200-amp main panel. Built in 1969, the property is currently rented under a month-to-month lease.
The property is located at 1141 San Mateo Avenue in San Bruno, with access to SFO, BART, and major freeways within minutes. Its combination of office and warehouse areas provides a practical configuration for commercial or industrial operations.
The property is located at 1141 San Mateo Avenue in San Bruno, with access to SFO, BART, and major freeways within minutes. Its combination of office and warehouse areas provides a practical configuration for commercial or industrial operations.
Key Highlights
- 2,500‑square‑foot flex property with office and warehouse areas
- Approximately 13‑foot warehouse ceilings
- 200‑amp main electrical panel with upgraded service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,474
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,289,480
$2.3M
Cap Rate 7%
$1,635,343
$1.6M
Cap Rate 9%
$1,271,933
$1.3M
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$171.6K $68.64/SF
− Vacancy
−$8.1K −$3.23/SF
EGI
$163.5K $65.41/SF
− OpEx
−$49.1K −$19.62/SF
NOI
$114.5K $45.79/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$68.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,289,480
Cap Rate 7%
$1,635,343
Cap Rate 9%
$1,271,933
Alternative Uses
Best Use
Warehouse
$1.99M
$1.74M – $2.32M
NOI $139,005 @ 7.0% cap · market cap 11.12%
Second Best
Industrial
$1.64M
$1.43M – $1.91M
NOI $114,474 @ 7.0% cap · market cap 9.16%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
13 ft
Clear height
Yes
Highway access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial space combines an office area, warehouse layout, and recently upgraded building systems.
Where is this flex space located?
The property is located at 1141 San Mateo Avenue 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‑foot flex property with office and warehouse areas; Approximately 13‑foot warehouse ceilings; 200‑amp main electrical panel with upgraded service
