Downtown Office Suite with Outdoor
1001 Laurel St San Carlos, CA 94070
For Sale
Contact for pricing
Office suite features an open floor plan, extensive windows, and an outdoor seating area off El Camino Real frontage.
Property Size1,240 SF
Price / SF$1,100
Days on Market583
Property Features for 1001 Laurel St
General Information
Standard status
Active
Size
1,240 SF
Property subtype
OFFICE
Listing Agency:
Kidder Mathews | Redwood Shores
(650) 771-3000
Listed By:
Brett Weber · License #01869489
Source:
Moodyscre
Added: Dec 23, 2024
Changed: Jul 27
Last Checked: Jul 28 at 3:29PM
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 | Redwood Shores
Investment Insights
Based on property information with market context.
This office suite offers an open floor plan with an extensive window line, bringing natural light to the space. The unit also includes an outdoor seating area and is wheelchair accessible.
The property has high visibility with El Camino Real frontage and is within walking distance to downtown San Carlos amenities.
The combination of flexible open layout, strong daylighting, and outdoor seating makes the suite well-suited for a range of office uses that benefit from visibility and accessible features.
The property has high visibility with El Camino Real frontage and is within walking distance to downtown San Carlos amenities.
The combination of flexible open layout, strong daylighting, and outdoor seating makes the suite well-suited for a range of office uses that benefit from visibility and accessible features.
Key Highlights
- Office suite with an open floor plan
- Extensive window line for natural light
- Outdoor seating area off El Camino Real frontage
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.2k | $54.96 |
| − Vacancy | −$15.2k | −$12.26 |
| EGI | $53.0k | $42.70 |
| − OpEx | −$13.2k | −$10.68 |
| NOI | $39.7k | $32.03 |
1,240 SF · lease $54.96/SF/yr · vacancy 22.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$567.4K
$496.4K – $661.9K
NOI $39,715 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$984.9K
$861.8K – $1.15M
NOI $68,946 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office suite features an open floor plan, extensive windows, and an outdoor seating area off El Camino Real frontage.
Where is this office units located?
The property is located at 1001 Laurel St San Carlos, CA.
What is the asking price?
The asking price for this property is $1,364,000.
What are key features of this property?
This property features: Office suite with an open floor plan; Extensive window line for natural light; Outdoor seating area off El Camino Real frontage
