San Carlos Office
For Sale
$2,700,000
1724 Laurel St, San Carlos, CA 94070
6,496 SF office building for sale in San Carlos.
Property Size6,496 SF
Price / SF$415.64
Days on Market227
Property Features for 1724 Laurel St
General Information
Standard status
Active
Size
6,496 SF
Property subtype
Office
Building Details
Building Size
6,496 SF
Buildings
1
Listing Agency:
Kidder Mathews - San Jose
Listed By:
Brett Weber · License #00901454
(650) 771-3000
Source:
Kidder
Added: Mar 8
Changed: Aug 8
Last Checked: Mar 26 at 9:48AM
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 - San Jose
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 commercial real estate offering features a 6,496-square-foot office building. The property is located in San Carlos, California.
Key Highlights
- 6,496 SF office building
- For sale
- Located in San Carlos
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$208,053
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,161,060
$4.2M
Cap Rate 7%
$2,972,186
$3.0M
Cap Rate 9%
$2,311,700
$2.3M
Market Conditions
NOI Build-Up for 6,496 SF
Gross rent
$357.0K $54.96/SF
− Vacancy
−$79.6K −$12.26/SF
EGI
$277.4K $42.70/SF
− OpEx
−$69.4K −$10.68/SF
NOI
$208.1K $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%
$4,161,060
Cap Rate 7%
$2,972,186
Cap Rate 9%
$2,311,700
Alternative Uses
Best Use
Office B
$2.97M
$2.60M – $3.47M
NOI $208,053 @ 7.0% cap · market cap 7.71%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.16M
$4.51M – $6.02M
NOI $361,190 @ 7.0% cap · market cap 13.38%
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
Location Intelligence
Trade Area within ½ mile
2,090
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - 6,496 SF office building for sale in San Carlos.
Where is this office building located?
The property is located at 1724 Laurel St San Carlos, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 6,496 SF office building; For sale; Located in San Carlos
