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Flex Space with Grade-Level Loading
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1443 Bayport AVE, San Carlos, CA 94070

General Industrial (PM) zoning and an open layout support a range of industrial operations.

Property Size4,246 SF
Price / SF$1.75
Days on Market87

Property Features for 1443 Bayport AVE

General Information

Standard status Active
Size 4,246 SF
Zoning PM

Additional Details

Highway Access Yes
Property Use Flex

Building Details

Year Built 1947
Listing Agency: Compass
Listed By: Pam Tyson · License #01721213
Source: Giuffreproperties
Added: Aug 6 Changed: Oct 28 Last Checked: Oct 28 at 3:51PM

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 Compass

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Investment Insights

Based on property information with market context.

This 4,246-square-foot flex space offers an open floor plan and a grade-level roll-up door for loading and equipment access. Built in 1947, the property is zoned General Industrial (PM), supporting industrial operations within that designation.

The property is at 1443 Bayport Ave in San Carlos, with access to Highway 101 and El Camino Real. Its layout and loading configuration provide practical functionality for warehouse, light manufacturing, distribution, or other flex uses.

Key Highlights

  • 4,246 square feet of flex space
  • Grade‑level roll‑up door for loading
  • Open floor plan

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$168,412
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,368,240 $3.4M
Cap Rate 7%
$2,405,886 $2.4M
Cap Rate 9%
$1,871,244 $1.9M
Market Conditions
NOI Build-Up for 4,246 SF
Gross rent
$291.4K $68.64/SF
− Vacancy
−$32.4K −$7.62/SF
EGI
$259.1K $61.02/SF
− OpEx
−$90.7K −$21.36/SF
NOI
$168.4K $39.66/SF
Area
San Mateo County, CA
Vacancy
11.10%
Lease Rate
$68.64 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,368,240
Cap Rate 7%
$2,405,886
Cap Rate 9%
$1,871,244

Alternative Uses

Best Use
Warehouse
$3.37M
$2.95M – $3.93M (±1% cap)
NOI $236,085 @ 7.0% cap · market cap 3,177.46%
Second Best
Industrial
$2.78M
$2.43M – $3.24M (±1% cap)
NOI $194,423 @ 7.0% cap · market cap 2,616.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage Hotel & Motel Food Market Pharmacy Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,903
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Luisa's Catering — 1660 Laurel St, San Carlos, CA 94070
  • Restaurants On The Run — 820 american st, san carlos, ca 94070
  • Four Star Private Chefs — 751 laurel st, san carlos, ca 94070
  • Waiter On the Run — 637 laurel st, san carlos, ca 94070

Frequently Asked Questions

What type of property is this?
Flex space - General Industrial (PM) zoning and an open layout support a range of industrial operations.
Where is this flex space located?
The property is located at 1443 Bayport AVE San Carlos, CA.
What are key features of this property?
This property features: 4,246 square feet of flex space; Grade‑level roll‑up door for loading; Open floor plan
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