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    140 El Camino Real Millbrae, CA 94030

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    For Sale
    $6,000,000

    Development opportunity near public transport with favorable zoning.

    Lot size:
    0.23 Acres

    Property Features for 140 El Camino Real

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1968

    Source: Coldwell Banker Realty Agent Branden Abuyaghi

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

    Overview

    Prime Development Site in Millbrae

    This property presents a development opportunity in Millbrae, featuring a 10,160 square foot lot, which is approximately 0.23 acres. The site includes an existing 5,400 square foot building. Located on El Camino Real, the property is situated within the Millbrae Station Area Specific Plan. The zoning allows for a 120-foot height limit, offering potential for redevelopment into a mixed-use project. The intended use of the property is for development, with potential for retail, office, and residential space. Its location offers proximity to public transportation and convenient access to highways.
    Location Intelligence

    Current Use by Public Records

    Greenland Artificial Grass Landscape Designer El Ranchito Taco ... Mexican Restaurant Nothing Bundt Cakes Bakery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Millbrae
    County
    San Mateo
    State
    California
    Longitude
    -122.38606
    Latitude
    37.59791

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    FAQs

    What type of property is this?
    Commercial land - Development opportunity near public transport with favorable zoning.
    Where is this commercial land located?
    The property is located at 140 El Camino Real Millbrae, CA.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: - Prime development site in Millbrae.; - Located within the Millbrae Station Area Specific Plan.; - Favorable zoning with a 120-foot height limit.
    (415) 613-4815
    Request Owner's contact information
    140 El Camino Real Millbrae, CA 94030
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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
    140 El Camino Real Millbrae, CA 94030
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