Flex R&D Space with
For Sale
Contact for pricing
2600-2608 Spring St, Redwood City, CA 94063
Flexible R&D suites include restrooms, kitchens, and open warehouse areas.
Property Size800 SF
Days on Market94
Property Features for 2600-2608 Spring St
General Information
Standard status
Active
Size
800 SF
Class
C
Property subtype
coworking
Additional Details
Highway Access
Yes
Properties For Sale
at 2600-2608 Spring St Contact usAvailable Space Immediate
Floor
1st
Size
2,100 SF
Type
Office
Term
Negotiable
Available Space Immediate
Floor
1st
Size
3,100 SF
Type
Flex/R&D
Term
Negotiable
Available Space Immediate
Floor
1st
Size
800 SF
Type
Office
Term
Negotiable
Available Space Immediate
Floor
2nd
Size
6,000 SF
Type
Flex/R&D
Term
Negotiable
Listing Agency:
Menlo Park
(949) 885-2900
Listed By:
Joey Alftin · License #02090452
(650) 520-0324
Source:
Property.jll
Added: Jul 16
Changed: Oct 10
Last Checked: Oct 16 at 5:46AM
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 Menlo Park
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 2600-2608 Spring St, the property offers flex R&D space in configurations ranging from 800 to 9,100 SF. Units feature open warehouse interiors along with dedicated restrooms and kitchens. The facility also includes on-site parking with drive-through access, and the grounds can be fenced for added control. On-site expansion opportunities and signage options are available. The property provides access to Hwy 101, 280, Woodside Road, and El Camino Real. Stanford’s new development is within a short walk, adding a nearby point of interest for occupants and visitors.
Key Highlights
- 800 - 9,100 SF of available flex R&D space
- Every unit includes a restroom and kitchen
- Open polished warehouse interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,731
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,620
$634.6K
Cap Rate 7%
$453,300
$453.3K
Cap Rate 9%
$352,567
$352.6K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$54.9K $68.64/SF
− Vacancy
−$6.1K −$7.62/SF
EGI
$48.8K $61.02/SF
− OpEx
−$17.1K −$21.36/SF
NOI
$31.7K $39.66/SF
Area
San Mateo County, CA
Vacancy
11.10%
Lease Rate
$68.64 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,620
Cap Rate 7%
$453,300
Cap Rate 9%
$352,567
Alternative Uses
Best Use
Warehouse
$635.4K
$556.0K – $741.4K
NOI $44,481 @ 7.0% cap · market cap 1,779,240.00%
Second Best
Industrial
$523.3K
$457.9K – $610.5K
NOI $36,632 @ 7.0% cap · market cap 1,465,280.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,414
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Industrial in West region
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- Concierge Catering — 604 Fifth Ave A, B, Redwood City, CA 94063
- Capelo's Barbecue — 2655 Middlefield Rd, Redwood City, CA 94063
- CHARLIE PARKER PROVISIONS — 426 MacArthur Ave Suite 10, Redwood City, CA 94063
Frequently Asked Questions
What type of property is this?
Flex space - Flexible R&D suites include restrooms, kitchens, and open warehouse areas.
Where is this flex space located?
The property is located at 2600-2608 Spring St Redwood City, CA.
What are key features of this property?
This property features: 800 - 9,100 SF of available flex R&D space; Every unit includes a restroom and kitchen; Open polished warehouse interiors
