2751 El Camino Real, Redwood City, CA 94061

Building Details

Year Built 1930 More

Listing Agency: MGM Real Estate

Listed By: Dennis Moreno · License CA #00409846 Show Phone

Source: Giuffreproperties

Added: Jun 13 Changed: Nov 10 Last Checked: Nov 10 at 9:31PM

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Investment Insights

Based on property information with market context.

Built in the 1930s, this El Camino Real storefront is occupied by Woodside Bike Shop, a long-term tenant. The sale also includes the parking area behind the building, with the included parcel identified as 054-276-090.

Key Highlights

• 1930s commercial building on El Camino Real in Redwood City
• Occupied by long‑term tenant Woodside Bike Shop
• Sale includes rear parking lot parcel 054‑276‑090

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$68,183

Cap Rate

5.25%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,363,660 $1.4M

Cap Rate 7%

$974,043 $974.0K

Cap Rate 9%

$757,589 $757.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,670 SF

Gross rent

$102.2K $38.28/SF

− Vacancy

−$4.8K −$1.80/SF

EGI

$97.4K $36.48/SF

− OpEx

−$29.2K −$10.94/SF

NOI

$68.2K $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%

$1,363,660

Cap Rate 7%

$974,043

Cap Rate 9%

$757,589

Alternative Uses

Best Use

Retail

$974.0K

$852.3K – $1.14M (±1% cap)

NOI $68,183 @ 7.0% cap · market cap 5.25%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.63M

$1.42M – $1.90M (±1% cap)

NOI $113,920 @ 7.0% cap · market cap 8.77%

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

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Skin Care Clinic

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

1,700

Businesses Nearby

273k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 49% Apparel 17% Dining 14% Shops & Services 10%

Target Superstores

132,299 visits/mo 0.4 miles

Marshalls Apparel

43,677 visits/mo 0.4 miles

Taco Bell Dining

12,458 visits/mo 0.2 miles

Jack in the Box Dining

11,711 visits/mo 0.3 miles

Shell Shops & Services

10,859 visits/mo 0.4 miles

Demographics for 94061, CA

36,704

Population

14,122

Households

2.6

Avg Household Size

38

Median Age

51%

College-Educated

87%

High-School Grad

3.9 sq mi

ZIP Area

9,411

Density / Sq Mi

$141,599

Median Household Income

$66,388

Median Earnings

$2,818

Median Rent

$1,938,300

Median Home Value

Market

Average Price Trend$/SF for Storefront properties in San Mateo County, CA

$568 Jul

$574 Aug

$615 Sep

$575 Oct

Properties on Market for Storefront properties in San Mateo County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Similar Off Market Nearby

• Flowers By Erlinda — 593 Woodside Rd, Redwood City, CA 94061
• Chu's Florist & Birds — 2325 El Camino Real, Redwood City, CA 94063
• Chu's Florist & Bird Shop — 2325 el camino real, redwood city, ca 94063

Frequently Asked Questions

What type of property is this?

Storefront property - A long-term bike shop tenancy occupies this Redwood City commercial building.

Where is this storefront property located?

The property is located at 2751 El Camino Real Redwood City, CA.

What is the asking price?

The asking price for this property is $1,299,000.

What are key features of this property?

This property features: 1930s commercial building on El Camino Real in Redwood City; Occupied by long‑term tenant Woodside Bike Shop; Sale includes rear parking lot parcel 054‑276‑090