Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    706 Arguello St Redwood City, CA 94063

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $0.50 SF/Yr

    Corner lot in downtown Redwood City, ready for improvements.

    Lot size:
    0.12 Acres

    Property Features for 706 Arguello St

    General Information

    Lot size
    0.12 Acres

    We can help!

    Listing Contact
    Doug Marks
    Doug Marks
    Source: Moodyscre

    Listing Agent: Doug Marks

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

    Learn more

    Property Insight Report

    Overview

    Downtown Redwood City Corner Lot

    This property features a ±5,000 SF corner lot located in downtown Redwood City. The site is situated in a neighborhood bordered by a dense retail trade area with strong demographics. It is approximately a 6-minute walk to the Redwood City Caltrain Station and is ready for improvements.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Redwood City
    County
    San Mateo
    State
    California
    Longitude
    -122.2344884
    Latitude
    37.4885515

    Nearby Similar for Lease

    • Contact for pricing
      16,600 SF

      Redwood City Retail/Office Space

      Modern retail and office spaces in downtown Redwood City.
      150 Elm St, Redwood City, CA 94063
      View Details
    • Contact for pricing

      Redwood City Office and Life Science

      Class A office and life science buildings with various amenities.
      Seaport Blvd, Redwood City, CA 94063
      View Details
    • Contact for pricing

      Class A Office Space Available

      Class A office building with park views and modern amenities.
      333 Twin Dolphin Dr, Redwood City, CA 94065
      View Details
    • Contact for pricing

      Class A Office Space Available

      Office space for lease in Redwood Shores, move-in ready suites.
      555 Twin Dolphin Dr, Redwood City, CA 94065
      View Details
    • Contact for pricing

      Class A Office Space Available

      Class A office space with easy highway access and amenities.
      255 Shoreline Dr, Redwood City, CA 94065
      View Details
    • $4 SF/Yr
      12,283 SF

      Redwood City Office Space Available

      Office space in Redwood City with flexible floor plans.
      1629 Main St, Redwood City, CA 94063
      View Details
    • Contact for pricing

      Redwood City Office Space Available

      Move-in ready office space near downtown Redwood City and Caltrain.
      350 Convention Way, Redwood City, CA 94063
      View Details
    • $6 SF/Yr
      14,886 SF

      New Redwood City Office Space

      Under construction office building near Caltrain in downtown Redwood City.
      550 Allerton St, Redwood City, CA 94063
      View Details
    • $5 SF/Yr
      4,740 SF

      Redwood City Office/Flex/Retail/Lab Space

      Customizable 4,740 SF space near Caltrain in Redwood City.
      665 El Camino Real, Redwood City, CA 94063
      View Details
    • Contact for pricing

      Redwood Shores Office Space Available

      Office space for lease in prominent Redwood Shores location.
      203 Redwood Shores Pkwy, Redwood City, CA 94065
      View Details
    • Contact for pricing
      3,258 SF

      El Camino Retail Opportunity

      Prime San Mateo Retail Space, ±3,258 SF
      776 El Camino Real, Redwood City, CA 94063
      View Details
    • Contact for pricing

      Premier Redwood City HQ Opportunity

      Class A+ creative office space in downtown Redwood City.
      2075 Broadway, Redwood City, CA 94063
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner lot in downtown Redwood City, ready for improvements.
    Where is this commercial land located?
    The property is located at 706 Arguello St Redwood City, CA.
    What is the lease rate?
    The lease rate is $0.50 SF/Yr.
    What are key features of this property?
    This property features: - ±5,000 SF corner lot in downtown Redwood City; - Just a ±6 minute walk to the Redwood City Caltrain Station; - Neighborhood site bordered by a dense retail trade area
    (650) 269-4526
    Request Owner's contact information
    706 Arguello St Redwood City, CA 94063
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    706 Arguello St
    Redwood City, CA 94063
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    706 Arguello St Redwood City, CA 94063
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Doug Marks
    Doug Marks
    (650) 269-4526
    Learn more
    Google sign-in failed. Please try again or use another login method.