Redwood City Automotive/Retail
2127 Middlefield Rd, Redwood City, CA
Call to check price and availability
Versatile property suitable for automotive, retail, or service businesses.
Type:RETAIL
Property size:
2,430 SFLot size:
0.10 AcresPrice / SF:
$720/SF- Added:
- Sep 29, 2025
- Days on Market:
- 244
- Last Refresh:
- May 20 at 8:37 pm
Property Features for 2127 Middlefield Rd
General Information
- Standard status
- Active
- Size
- 2,430 SF
- Lot size
- 0.10 Acres
- Property subtype
- RETAIL
Listing agent Brian Merrion License #01940486 (415) 802-1400
Listing office eXp Commercial - CA (415) 802-1400
Listing date Sep 29, 2025
Source Moodyscre
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 eXp Commercial - CA
HighLights
- High income potential: Current gross income of $7,000/month from tenant plus estimated $2,500/month from owner‑occupied space.
- Versatile zoning: Zoned for automotive and other uses.
- Ideal for owner‑user with additional rental income potential.
- Ample warehouse space: 2,430 sq ft of warehouse space with 3 truck doors and 19' minimum ceiling height.
- Multiple facilities: Includes 2 offices, 3 restrooms, manager's office, private restrooms, and storage.
- Garage and parking: Features a 4‑car garage, 6 parking spaces, attached garage, guest/visitor parking, off‑site parking, oversize parking/RV, and workshop in garage.
Overview
This Redwood City property offers a versatile space suitable for various uses, including automotive services with a spray booth, computer repair, insurance companies, service companies, and home improvement/contractors. Zoned for automotive and other uses, the property generates a gross income of $7,000 per month from the current tenant. The owner-occupied space is estimated to generate $2,500 per month. The building is ideal for an owner-user looking to rent to multiple tenants. Interior features include gas heating, a manager's office, private restrooms, and storage. The property has a minimum ceiling height of 19 feet, concrete block and sheetrock walls, one floor, two offices, and three restrooms. There is one tenant currently. It includes three truck doors, a 200 square foot mezzanine, 2,430 net leasable square feet, 750 square feet of office space, and 2,430 square feet of warehouse space. The yard provides 3,920 square feet. Exterior features include low-maintenance yard grounds with storage, a concrete slab foundation, and a mansard tar and gravel roof. There are four garage spaces and six parking spaces, including attached garage, guest/visitor parking, off-site parking, oversize parking/RV, and a workshop in the garage. Sewer is connected, and water is available on site. Utilities include a master meter, natural gas, and public utilities. The property benefits from a convenient location and spacious layout, offering great investment potential.
Local Financial Insights For Industrial
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 | $166.8k | $68.64 |
| − Vacancy | −$7.8k | −$3.23 |
| EGI | $159.0k | $65.41 |
| − OpEx | −$47.7k | −$19.62 |
| NOI | $111.3k | $45.79 |
2,430 SF · lease $68.64/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.59M
$1.39M – $1.85M
NOI $111,269 @ 7.0% cap · market cap 6.36%
Second Best
Retail
$886.5K
$775.7K – $1.03M
NOI $62,054 @ 7.0% cap · market cap 3.55%
Theoretical Best
Warehouse
$1.93M
$1.69M – $2.25M
NOI $135,112 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Peninsula Screen Shop
Electronics & Wireless Store
Epoxy Foxy Floor ...
General Contractor
Similar Places Nearby
- FREE PARKING RED ZONE — 308 Poplar Ave, Redwood City, CA 94061
- Hankook — 406 Sixth Ave, Menlo Park, CA 94025
- Quality Coachworks — 411 Woodside Rd, Redwood City, CA 94061
- Oil Changers — 2762 El Camino Real, Redwood City, CA 94061
- A Body Shop — Redwood City, CA 94061
Location Insight
- Map
- Local Demand
- City
- Redwood City
- County
- San Mateo
- State
- California
- Longitude
- -122.218
- Latitude
- 37.4808
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Versatile property suitable for automotive, retail, or service businesses.
Where is this auto shop located?
The property is located at 2127 Middlefield Rd Redwood City, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: High income potential: Current gross income of $7,000/month from tenant plus estimated $2,500/month from owner‑occupied space.; Versatile zoning: Zoned for automotive and other uses.; Ideal for owner‑user with additional rental income potential.
