San Carlos Office
1724 Laurel St San Carlos, CA 94070
1724 Laurel St, San Carlos, CA, 94070
$2,700,000
For Sale
$2,700,000
6,496 SF office building for sale in San Carlos.
Property Size6,496 SF
Price / SF$415.64
Days on Market136
Property Features for 1724 Laurel St
General Information
- Standard status
- Active
- Size
- 6,496 SF
- Property subtype
- Office
Listing agency
Kidder Mathews - San Jose
(650) 771-3000
Listed by
Brett Weber · License #00901454
(650) 771-3000
Source
Kidder
Added: Mar 8 Updated: Jul 10 at 1:14PM 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
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
Local 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 | $357.0k | $54.96 |
| − Vacancy | −$79.6k | −$12.26 |
| EGI | $277.4k | $42.70 |
| − OpEx | −$69.4k | −$10.68 |
| NOI | $208.1k | $32.03 |
6,496 SF · lease $54.96/SF/yr · vacancy 22.30% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Peck & Peck Insurance
Insurance Agency
Fastway DMV Registration ...
Vehicle Inspection Center
Permanent Cosmetique
Hair Salon
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FAQs
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
