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Retail Space in San Carlos
For Sale
$1,200,000

1754 Laurel St, San Carlos, CA 94070

Retail space available for sale in San Carlos, California.

Property Size1,200 SF
Price / SF$800
Days on Market228

Property Features for 1754 Laurel St

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail

Building Details

Building Size 1,200 SF
Buildings 1
Listing Agency: Kidder Mathews - San Jose
Listed By: Brett Weber · License #00901454
Source: Kidder
Added: Mar 7 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

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Investment Insights

Based on property information with market context.

This commercial property, identified as retail space, is available for sale. The property offers a total size of 1500 square feet. It is located on Laurel Street in San Carlos, California.

Key Highlights

  • Retail space available.
  • Located in San Carlos, California.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,305
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,100 $766.1K
Cap Rate 7%
$547,214 $547.2K
Cap Rate 9%
$425,611 $425.6K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$57.4K $38.28/SF
− Vacancy
−$2.7K −$1.80/SF
EGI
$54.7K $36.48/SF
− OpEx
−$16.4K −$10.94/SF
NOI
$38.3K $25.54/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,100
Cap Rate 7%
$547,214
Cap Rate 9%
$425,611

Alternative Uses

Best Use
Retail
$547.2K
$478.8K – $638.4K (±1% cap)
NOI $38,305 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,403 @ 7.0% cap · market cap 6.95%
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

The Melt Restaurant The Little Chihuahua Restaurant East Side Banh ... Restaurant Lazy Susan Restaurant Humphrey Slocombe Grocery & Convenience Store

Suggested Use

Top Pick Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Pet Grooming Service Restaurant Tanning Salon Mobile Phone Store

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

Location Intelligence

Trade Area within ½ mile

2,090
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 43% Dining 31% Shops & Services 19% Electronics 4%
Trader Joe's Groceries
39,937 visits/mo 0.2 miles
Stacks Dining
10,208 visits/mo 0.3 miles
Starbucks Dining
8,613 visits/mo 0.4 miles
7-Eleven Shops & Services
7,441 visits/mo 0.4 miles
O'Reilly Auto Parts Shops & Services
5,345 visits/mo 0.4 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for sale in San Carlos, California.
Where is this retail space located?
The property is located at 1754 Laurel St San Carlos, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Retail space available.; Located in San Carlos, California.
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