Storefront with Five Parking
For Sale
Contact for pricing
1145 California DR, Burlingame, CA 94010
Ground-floor space includes a lobby, storage closet, two private restrooms, and assigned parking.
Property Size2,135 SF
Price / SF$3
Days on Market158
Property Features for 1145 California DR
General Information
Standard status
Active
Size
2,135 SF
Total Parking Spaces
5
Additional Details
Floor
Ground
Road Access
Yes
Amenities
front lobby area
storage/server closet
2 private restrooms
parking lot secondary egress
abundance of natural light
Building Details
Year Built
1925
Listing Agency:
Compass
(650) 375-1111
Listed By:
Gregory Terry · License #00957651
(650) 678-1110
Source:
Giuffreproperties
Added: May 26
Changed: Oct 28
Last Checked: Oct 28 at 4:42PM
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 Compass
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 Burlingame storefront offers 2,135 square feet of ground-floor space in a building constructed in 1925. The layout includes a front lobby, a storage/server closet, and two private restrooms. Natural light reaches the interior, and a parking-lot secondary egress is also provided.
Five assigned parking spaces accompany the property at 1145 California Drive.
Five assigned parking spaces accompany the property at 1145 California Drive.
Key Highlights
- 2,135 square feet of ground‑floor space
- Five assigned parking spaces
- Front lobby and storage/server closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,521
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,420
$1.1M
Cap Rate 7%
$778,871
$778.9K
Cap Rate 9%
$605,789
$605.8K
Market Conditions
NOI Build-Up for 2,135 SF
Gross rent
$81.7K $38.28/SF
− Vacancy
−$3.8K −$1.80/SF
EGI
$77.9K $36.48/SF
− OpEx
−$23.4K −$10.94/SF
NOI
$54.5K $25.54/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,420
Cap Rate 7%
$778,871
Cap Rate 9%
$605,789
Alternative Uses
Best Use
Retail
$778.9K
$681.5K – $908.7K
NOI $54,521 @ 7.0% cap · market cap 851.23%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.70M
$1.48M – $1.98M
NOI $118,710 @ 7.0% cap · market cap 1,853.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,422
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Hotels & Casinos 14%
Dining 12%
Apparel 11%
Chevron
Shops & Services
15,796 visits/mo
0.1 miles
7-Eleven
Shops & Services
9,007 visits/mo
0.4 miles
Goodwill
Apparel
7,762 visits/mo
0.1 miles
Crowne Plaza San Francisco Airport
Hotels & Casinos
6,388 visits/mo
0.3 miles
Chase Bank
Shops & Services
6,327 visits/mo
0.2 miles
Demographics for 94010, CA
44,045
Population
17,834
Households
2.5
Avg Household Size
42
Median Age
69%
College-Educated
96%
High-School Grad
15.1 sq mi
ZIP Area
2,917
Density / Sq Mi
$191,758
Median Household Income
$101,100
Median Earnings
$2,655
Median Rent
$2,000,001
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Floral Art + Decor — 1414 Burlingame Ave, Burlingame, CA 94010
- Fiori — 1406 Burlingame Ave, Burlingame, CA 94010
- Beverly's Flower Cart — 1202 broadway, burlingame, ca 94010
- Inspiration Floral Design — 1400 rollins rd, burlingame, ca 94010
- Inoui Floral School — 1441 rollins rd, burlingame, ca 94010
Frequently Asked Questions
What type of property is this?
Storefront property - Ground-floor space includes a lobby, storage closet, two private restrooms, and assigned parking.
Where is this storefront property located?
The property is located at 1145 California DR Burlingame, CA.
What are key features of this property?
This property features: 2,135 square feet of ground‑floor space; Five assigned parking spaces; Front lobby and storage/server closet
