Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Stand-Alone Building on El Camino Real Title is generated by Realmo AI

    1464 El Camino Real, Belmont, CA 94002

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Stand-alone building ideal for retail, restaurant, or medical use.

    Type:Retail, Restaurant, Special Purpose
    Property size:
    6,100 SF
    Lot size:
    0.21 Acres
    Added:
    Sep 3, 2024
    Days on Market:
    618
    Last Refresh:
    Mar 16 at 10:33 am

    Property Features for 1464 El Camino Real

    General Information

    Standard status
    Active
    Size
    6,100 SF
    Lot size
    0.21 Acres
    Property subtype
    Retail, Restaurant, Special Purpose

    Spaces For Lease

    at 1464 El Camino Real Contact us

    Available Space 1 $3 /Mo

    Size
    6,100 SF
    Type
    Retail, Restaurant, Special Purpose
    For Lease or Sale. Stand-Alone building of +/-6,100 SF (per appraiser) on an 8,984...
    show more
    Contact us

    We can help!

    Listing Contact
    David Collantes
    David Collantes

    Listing agent David Collantes License #CA 01095633

    Listing office AIM Commercial Real Estate

    Listing date Sep 3, 2024

    Source Crexi

    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 AIM Commercial Real Estate

    HighLights

    • Stand‑alone building of +/-6,100 SF on an 8,984 SF lot.
    • Rear alley access allows for parking or storage.
    • Potential for 12‑13 tandem parking spaces in the rear yard (subject to city approval).
    • Great power (approx. 400 amps).
    • Ideal for various uses including retail, restaurant, medical/dental, or pet hospital (subject to city approval).
    • Renovations are underway.

    Overview

    This stand-alone building offers approximately 6,100 square feet of space, as determined by an appraiser, situated on an 8,984 square foot lot. A minimum space of 2,000 square feet is available. The property features a rear alley that can be utilized for parking or as a small storage yard. The yard can accommodate approximately 12-13 cars in tandem, subject to final approval from the City of Belmont. The property has great power, approximately 400 amps. Renovations are currently underway. It is ideally suited for retail, restaurant, boba tea, medical or dental practices, pet hospitals, and other permitted uses. Interested parties should confirm allowed uses with the City of Belmont Planning Department. The tenant is currently on a month-to-month lease and paying below market rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    California Sports & Cyclery (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Belmont
    County
    San Mateo
    State
    California
    Longitude
    -122.272256
    Latitude
    37.516901

    Nearby Similar for Lease

    • $3 SF/Yr

      Belmont Office Space For Rent

      Office space available near CalTrain and Highway 101.
      520 & 530 Harbor Boulevard, Belmont, CA, 94002
      View Details
    • $3 SF/Yr

      Turn Key Lab Building

      13,727 SF building featuring multiple lab rooms.
      520-530 Harbor Blvd, Belmont, CA
      View Details
    • Contact for pricing

      Versatile Flex Space Available 2025

      27,590 SF flex space with office, R&D, warehousing zoning.
      350 Harbor Blvd, Belmont, CA
      View Details
    • Contact for pricing

      Retail Space Near Caltrain Station

      Retail space available in a high-traffic Belmont location.
      910 Ralston Avenue, Belmont, CA, 94002
      View Details
    • Contact for pricing

      Belmont Warehouse and Flex Space

      Warehousing, flex, and creative office spaces available for immediate occupancy.
      260-266 Harbor Blvd, Belmont, CA
      View Details
    • $24 SF/Yr

      Retail Space on El Camino

      End-cap retail space with frontage on El Camino Real.
      1501 El Camino Real, Belmont, CA
      View Details
    • Contact for pricing

      Belmont Warehouse/R&D Space Available

      2,363 SF warehouse/R&D space with flexible terms.
      268-282 Harbor Blvd, Belmont, CA
      View Details
    • Contact for pricing

      Belmont Warehouse Space Available

      Industrial warehouse space for lease in Belmont, California.
      300-350 Harbor Blvd, Belmont, CA
      View Details
    • Contact for pricing

      Scalable Industrial Space in Belmont

      Industrial property with easy access to transportation and scalability.
      200-450 Harbor Boulevard, Belmont, CA, 94002
      View Details
    • $22 SF/Yr

      Retail Space Near Caltrain Station

      Retail space for lease near Belmont Caltrain Station.
      900 Ralston Ave, Belmont, CA
      View Details
    • $6 SF/Yr

      Belmont Flex/Industrial Space Available

      Flex/industrial space available for lease in Belmont, California.
      401 Island Pkwy, Belmont, CA
      View Details
    • Contact for pricing

      Belmont Warehouse with Fenced Yard

      Warehouse space featuring a fenced yard and three drive-in doors.
      505 Dale View Ave, Belmont, CA
      View Details

    FAQs

    What type of property is this?
    Retail space - Stand-alone building ideal for retail, restaurant, or medical use.
    Where is this retail space located?
    The property is located at 1464 El Camino Real Belmont, CA.
    What are key features of this property?
    This property features: Stand‑alone building of +/-6,100 SF on an 8,984 SF lot.; Rear alley access allows for parking or storage.; Potential for 12‑13 tandem parking spaces in the rear yard (subject to city approval).
    (650) 876-0300 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing David Collantes
    David Collantes
    Real Estate License ID: CA 01095633
    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
    1464 El Camino Real, Belmont, CA 94002
    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!