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    1901 S Norfolk St San Mateo, CA 94403

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    For Sale
    $2,700,000

    Restaurant property with outdoor seating and convenient highway access.

    Property size:
    1,372 SF
    Lot size:
    0.30 Acres

    Property Features for 1901 S Norfolk St

    General Information

    Size
    1,372 SF
    Lot size
    0.30 Acres

    Source: Newmark | Palo Alto Agent John Weatherby

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Property with Highway Access

    This restaurant property, formerly a Taco Bell and currently an Apple Fritter Restaurant, was built in 1977 and is 100% occupied. The building features five rooms and two restrooms. The current use is restaurant. Outdoor seating is available. The property offers convenient access to Highways 101 and 92. The remaining lease has three years with an option to extend for five more years effective October 1, 2028. The Floor Area Ratio (FAR) is 1. The property size is 1372 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apple Fritter Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Mateo
    County
    San Mateo
    State
    California
    Longitude
    -122.29012
    Latitude
    37.553805

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    FAQs

    What type of property is this?
    Drive through restaurant - Restaurant property with outdoor seating and convenient highway access.
    Where is this drive through restaurant located?
    The property is located at 1901 S Norfolk St San Mateo, CA.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Convenient access to Highways 101 and 92; - 100% Occupied - a great investment opportunity; - Lease with option to extend until 2033
    (650) 322-2600
    Request Owner's contact information
    1901 S Norfolk St San Mateo, CA 94403
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    San Mateo, CA 94403
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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
    1901 S Norfolk St San Mateo, CA 94403
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