11-Unit Mixed-Use
1261 El Camino Real, Menlo Park, CA 94025
For Sale
Contact for pricing
An upstairs office floor offers the option of owner occupancy alongside space leased to existing tenants.
Property Size5,841 SF
Price / SF$727.62
Days on Market32
Property Features for 1261 El Camino Real
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Additional Details
Office Units
Tenant in Place
Property Use
Building Details
Buildings
Building Size
Tenancy
Listing Agency:
Newmark - Palo Alto
Listed By:
Sam Untrecht · License CA #02238025
(650) 752-0676
Source:
Crexi
Added: Oct 10
Changed: Nov 8
Last Checked: Nov 8 at 6:10PM
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 Newmark - Palo Alto
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Investment Insights
Based on property information with market context.
This 5,841 SF mixed-use property contains 11 units and is currently 90% occupied. Existing tenants are in place, and the entire second-floor office area can be occupied separately. The stated zoning designation is SP-ECR-D, with office space and professional services identified as potential uses.
The property is at 1261 El Camino Real in Menlo Park, California.
The property is at 1261 El Camino Real in Menlo Park, California.
Key Highlights
- 5,841 SF building with 11 units
- 90% occupancy with existing tenants
- Second‑floor office area can be occupied in full
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$188,686
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,773,720
$3.8M
Cap Rate 7%
$2,695,514
$2.7M
Cap Rate 9%
$2,096,511
$2.1M
Market Conditions
NOI Build-Up for 5,841 SF
Gross rent
$400.9K $68.64/SF
− Vacancy
−$99.0K −$16.95/SF
EGI
$301.9K $51.69/SF
− OpEx
−$113.2K −$19.38/SF
NOI
$188.7K $32.30/SF
Area
San Mateo County, CA
Vacancy
24.70%
Lease Rate
$68.64 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,773,720
Cap Rate 7%
$2,695,514
Cap Rate 9%
$2,096,511
Alternative Uses
Best Use
Mixed Use
$2.70M
$2.36M – $3.14M
NOI $188,686 @ 7.0% cap · market cap 4.44%
Second Best
Retail
$2.13M
$1.86M – $2.49M
NOI $149,159 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$3.56M
$3.12M – $4.15M
NOI $249,216 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
11
Office units
90%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,817
Businesses Nearby
Explore this area
Business Placement
Demographics for 94025, CA
42,354
Population
16,259
Households
2.6
Avg Household Size
39
Median Age
73%
College-Educated
94%
High-School Grad
8.4 sq mi
ZIP Area
5,042
Density / Sq Mi
$215,871
Median Household Income
$98,160
Median Earnings
$3,169
Median Rent
$2,000,001
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in San Mateo County, CA
Properties on Market for Mixed-use properties in San Mateo County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An upstairs office floor offers the option of owner occupancy alongside space leased to existing tenants.
Where is this mixed-use property located?
The property is located at 1261 El Camino Real Menlo Park, CA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 5,841 SF building with 11 units; 90% occupancy with existing tenants; Second‑floor office area can be occupied in full
