Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Burlingame Flex/Industrial Space Available Title is generated by Realmo AI

    2-42 Adrian Ct, Burlingame, CA 94010

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Flex and industrial space available for lease in Burlingame.

    Type:Industrial
    Property size:
    4,737 SF
    Added:
    Mar 8, 2026
    Days on Market:
    91
    Last Refresh:
    Mar 8 at 1:28 am

    Property Features for 2-42 Adrian Ct

    General Information

    Standard status
    Active
    Size
    4,737 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1974

    We can help!

    Listing Contact
    John McLellan
    John McLellan

    Listing agent John McLellan License #01869489

    Listing office Kidder Mathews - San Jose

    Listing date Mar 8, 2026

    Source Kidder

    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 Kidder Mathews - San Jose

    HighLights

    • Flex and industrial space available
    • Available for lease
    • Located in Burlingame
    • Year Built: 1974

    Overview

    This commercial property offers 4,737 square feet of flex and industrial space. Located in Burlingame, California, the property is suitable for a variety of business operations requiring adaptable space.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Bite Catering Couture — Plaza Ln, Burlingame, CA 94010
    • Yes Catering — 1515 Old Bayshore Hwy, Burlingame, CA 94010
    • Flying Food Group — 50 Adrian Ct, Burlingame, CA 94010

    Location Insight

    • Map
    • Local Demand
    City
    Burlingame
    County
    San Mateo
    State
    California
    Longitude
    -122.380284
    Latitude
    37.599563

    Nearby Similar for Lease

    • $29,000 SF/Yr
      3,524 SF

      Prime Corner Retail Opportunity

      Highly visible retail space in downtown Burlingame with parking.
      1351 Howard Ave, Burlingame, CA 94010
      View Details
    • $6,405/Mo
      2,135 SF

      Burlingame Storefront Space For Rent

      Storefront space in Burlingame with parking and natural light.
      1145 California Dr 1145, Burlingame, CA 94010
      View Details
    • $2 SF/Yr
      2,520 SF

      Flex Space with Warehouse

      Flex space featuring office and warehouse components for lease.
      882 Mahler Road, Burlingame, CA 94010
      View Details
    • $4 SF/Yr
      1,600 SF

      Burlingame Retail/Office Space Available

      Versatile 1,600 SF retail or office space for rent.
      806 Edgehill Dr, Burlingame, CA 94010
      View Details
    • $4 SF/Yr
      2,100 SF

      Prime Burlingame Office Space

      2,100 SF office space near downtown and Caltrain.
      330 Primrose Rd, Burlingame, CA 94010
      View Details
    • $4,500/Mo
      2,200 SF

      Burlingame Flex Space For Rent

      Flex space with office and warehouse components available for lease.
      833 Mahler Road, Burlingame, CA, 94010
      View Details
    • $795/Mo

      Burlingame Office Space For Rent

      Prime Burlingame office space near Burlingame Avenue.
      1220 Howard Ave 230, Burlingame, CA 94010
      View Details
    • $3 SF/Yr
      15,975 SF

      Burlingame Office Space for Rent

      Office space with bay views, close to transportation and airport.
      700 Airport Boulevard, Burlingame, CA, 94010
      View Details
    • $2 SF/Yr
      10,000 SF

      Burlingame Commercial Space Available

      Commercial space available for rent in Burlingame, California.
      23 Broderick Rd, Burlingame, CA, 94010
      View Details
    • $6,045/Mo
      17,940 SF

      Burlingame Retail Space Available

      Retail space for lease in San Mateo County.
      1550 Rollins Road, Burlingame, CA 94010
      View Details
    • $2 SF/Yr
      1,260 SF

      Burlingame Warehouse and Flex Space

      Warehouse/flex space with offices and drive-in doors for lease.
      1 Edwards Court, Burlingame, CA, 94010
      View Details
    • $6,045/Mo

      Burlingame Commercial Spaces for Lease

      Three commercial spaces available for lease in Burlingame, California.
      1550 Rollins Rd A, Burlingame, CA 94010
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex and industrial space available for lease in Burlingame.
    Where is this flex space located?
    The property is located at 2-42 Adrian Ct Burlingame, CA.
    What are key features of this property?
    This property features: Flex and industrial space available; Available for lease; Located in Burlingame
    (415) 418-9880
    We can help!
    Listing Contact
    John McLellan
    John McLellan
    Real Estate License ID: 01869489
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    2-42 Adrian Ct, Burlingame, CA 94010
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!