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Retail Space With Private Rooms
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2140 S El Camino Real, San Mateo, CA 94403

Ground-level configuration includes a dedicated restroom and convenient access to Highway 92 and Highway 101.

Property Size3,558 SF
Price / SF$0.56
Days on Market14

Property Features for 2140 S El Camino Real

General Information

Standard status Active
Size 3,558 SF

Additional Details

Floor Ground
Highway Access Yes

Amenities

private rooms
private restroom

Building Details

Year Built 1925
Listing Agency: Compass
Listed By: Guy Giuffre · License #00809114
Source: Giuffreproperties
Added: Oct 17 Changed: Oct 28 Last Checked: Oct 28 at 6:07AM

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 Compass

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Investment Insights

Based on property information with market context.

This ground-floor retail space has an interior layout with multiple private rooms and a private restroom. The building dates to 1925. The configuration is presented for retail, office, professional, personal service, and other service-oriented uses; no specific permitted-use designation is provided.

The property is located on S El Camino Real in San Mateo, with access to Highway 92 and Highway 101.

Key Highlights

  • Ground‑floor commercial space on S El Camino Real in San Mateo
  • Multiple private rooms and a private restroom
  • Building constructed in 1925

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$90,859
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,817,180 $1.8M
Cap Rate 7%
$1,297,986 $1.3M
Cap Rate 9%
$1,009,544 $1.0M
Market Conditions
NOI Build-Up for 3,558 SF
Gross rent
$136.2K $38.28/SF
− Vacancy
−$6.4K −$1.80/SF
EGI
$129.8K $36.48/SF
− OpEx
−$38.9K −$10.94/SF
NOI
$90.9K $25.54/SF
Area
San Mateo, 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%
$1,817,180
Cap Rate 7%
$1,297,986
Cap Rate 9%
$1,009,544

Alternative Uses

Best Use
Retail
$1.30M
$1.14M – $1.51M (±1% cap)
NOI $90,859 @ 7.0% cap · market cap 4,542.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,508 @ 7.0% cap · market cap 4,925.40%
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

Binh's Family Hair ... Hair Salon

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility Locksmith Auto Parts Store Veterinary Clinic Restaurant

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,656
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Dining 24%
Jo-Ann Fabric and Craft Shops & Services
12,981 visits/mo 0.3 miles
Starbucks Dining
9,693 visits/mo 0.4 miles
Chase Bank Shops & Services
9,126 visits/mo 0.5 miles
Patelco Credit Union Shops & Services
8,987 visits/mo 0.4 miles

Demographics for 94403, CA

45,057
Population
17,682
Households
2.5
Avg Household Size
38
Median Age
60%
College-Educated
92%
High-School Grad
5.6 sq mi
ZIP Area
8,046
Density / Sq Mi
$179,825
Median Household Income
$93,542
Median Earnings
$3,273
Median Rent
$1,725,900
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 - Ground-level configuration includes a dedicated restroom and convenient access to Highway 92 and Highway 101.
Where is this retail space located?
The property is located at 2140 S El Camino Real San Mateo, CA.
What are key features of this property?
This property features: Ground‑floor commercial space on S El Camino Real in San Mateo; Multiple private rooms and a private restroom; Building constructed in 1925
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