Light Industrial
For Sale
Contact for pricing
2300 Bay Road, Redwood City, CA 94063
M-1 zoning supports commercial and industrial use potential, subject to applicable city requirements and approvals.
Property Size5,600 SF
Lot Size0.21 Acres
Price / SF$747.86
Days on Market54
Property Features for 2300 Bay Road
General Information
Standard status
Active
Size
5,600 SF
Lot size
0.21 Acres
Property subtype
Industrial
Zoning
M-1
Building Details
Building Size
5,600 SF
Listing Agency:
Exit Realty Keystone
Listed By:
Juan Bustillos · License #01784315
Source:
Crexi
Added: Sep 5
Changed: Oct 26
Last Checked: Oct 26 at 3:38PM
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 Exit Realty Keystone
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Investment Insights
Based on property information with market context.
This approximately 5,600-square-foot commercial property occupies an approximately 9,200-square-foot lot and is identified as M-1 Light Industrial. The property combines operational space with tenant-occupied portions, supporting both owner-user functionality and an established income stream.
Located at 2300 Bay Road in Redwood City, California, the asset is positioned within the Peninsula commercial market. Existing occupancy may accommodate a business seeking control of its real estate while retaining income from other portions of the property. Any use or future changes remain subject to applicable City of Redwood City requirements and approvals.
Located at 2300 Bay Road in Redwood City, California, the asset is positioned within the Peninsula commercial market. Existing occupancy may accommodate a business seeking control of its real estate while retaining income from other portions of the property. Any use or future changes remain subject to applicable City of Redwood City requirements and approvals.
Key Highlights
- Approximately 5,600 square feet of commercial property
- Approximately 9,200‑square‑foot lot
- Identified as M‑1 Light Industrial
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$256,423
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,128,460
$5.1M
Cap Rate 7%
$3,663,186
$3.7M
Cap Rate 9%
$2,849,144
$2.8M
Market Conditions
NOI Build-Up for 5,600 SF
Gross rent
$384.4K $68.64/SF
− Vacancy
−$18.1K −$3.23/SF
EGI
$366.3K $65.41/SF
− OpEx
−$109.9K −$19.62/SF
NOI
$256.4K $45.79/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$68.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,128,460
Cap Rate 7%
$3,663,186
Cap Rate 9%
$2,849,144
Alternative Uses
Best Use
Industrial
$3.66M
$3.21M – $4.27M
NOI $256,423 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.45M
$3.89M – $5.19M
NOI $311,370 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Location Intelligence
Trade Area within ½ mile
2,662
Businesses Nearby
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Business Placement
Demographics for 94063, CA
35,836
Population
12,162
Households
2.9
Avg Household Size
34
Median Age
35%
College-Educated
74%
High-School Grad
6.5 sq mi
ZIP Area
5,513
Density / Sq Mi
$115,528
Median Household Income
$50,960
Median Earnings
$2,802
Median Rent
$1,077,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - M-1 zoning supports commercial and industrial use potential, subject to applicable city requirements and approvals.
Where is this industrial property located?
The property is located at 2300 Bay Road Redwood City, CA.
What is the asking price?
The asking price for this property is $4,188,000.
What are key features of this property?
This property features: Approximately 5,600 square feet of commercial property; Approximately 9,200‑square‑foot lot; Identified as M‑1 Light Industrial
