Office Space with Outdoor
For Sale
Contact for pricing
1001 Laurel St, San Carlos, CA 94070
Open office layout with an extensive window line, plus an outdoor seating area and wheelchair accessibility.
Property Size947 SF
Price / SF$1,100
Days on Market681
Property Features for 1001 Laurel St
General Information
Standard status
Active
Size
947 SF
Property subtype
OFFICE
Amenities
Outdoor seating area
Wheelchair accessible
Listing Agency:
Kidder Mathews | Redwood Shores
(650) 769-3600
Listed By:
Brett Weber · License #00901454
(650) 771-3000
Source:
Moodyscre
Added: Dec 23, 2024
Changed: Oct 26
Last Checked: Nov 1 at 6:03AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office space offers an open floor plan with an extensive window line for strong natural light. An outdoor seating area is included, and the property is wheelchair accessible for inclusive use.
The building has high visibility with El Camino Real frontage, supporting everyday foot traffic and easy customer approach. It is also within walking distance to an abundance of downtown San Carlos amenities.
With approximately 947 square feet, the space is sized for a compact office user that values an open layout and prominent storefront-style visibility.
The building has high visibility with El Camino Real frontage, supporting everyday foot traffic and easy customer approach. It is also within walking distance to an abundance of downtown San Carlos amenities.
With approximately 947 square feet, the space is sized for a compact office user that values an open layout and prominent storefront-style visibility.
Key Highlights
- Open floor plan interior layout
- Extensive window line
- Outdoor seating area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,330
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,600
$606.6K
Cap Rate 7%
$433,286
$433.3K
Cap Rate 9%
$337,000
$337.0K
Market Conditions
NOI Build-Up for 947 SF
Gross rent
$52.0K $54.96/SF
− Vacancy
−$11.6K −$12.26/SF
EGI
$40.4K $42.70/SF
− OpEx
−$10.1K −$10.68/SF
NOI
$30.3K $32.03/SF
Area
San Mateo County, CA
Vacancy
22.30%
Lease Rate
$54.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,600
Cap Rate 7%
$433,286
Cap Rate 9%
$337,000
Alternative Uses
Best Use
Office B
$433.3K
$379.1K – $505.5K
NOI $30,330 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$752.2K
$658.2K – $877.6K
NOI $52,655 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,963
Businesses Nearby
Explore this area
Business Placement
Demographics for 94070, CA
31,585
Population
11,958
Households
2.6
Avg Household Size
42
Median Age
68%
College-Educated
97%
High-School Grad
6.1 sq mi
ZIP Area
5,178
Density / Sq Mi
$235,373
Median Household Income
$118,194
Median Earnings
$2,802
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Open office layout with an extensive window line, plus an outdoor seating area and wheelchair accessibility.
Where is this office building located?
The property is located at 1001 Laurel St San Carlos, CA.
What is the asking price?
The asking price for this property is $1,041,700.
What are key features of this property?
This property features: Open floor plan interior layout; Extensive window line; Outdoor seating area
