Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Highway Frontage Commercial Opportunity Title is generated by Realmo AI

    3048 Cabrillo Highway, Half Moon Bay, CA 94019

    View on Map
    Claim this Listing
    For Sale
    $2,100,000

    Versatile building on a large lot with highway visibility.

    Type:Commercial
    Property size:
    1,800 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $1,166/SF
    Added:
    Nov 22, 2025
    Days on Market:
    192
    Last Refresh:
    Apr 5 at 8:27 pm

    Property Features for 3048 Cabrillo Highway

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Lot size
    0.28 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1968

    We can help!

    Listing Contact
    KULDA GROUP

    Listing agent KULDA GROUP License #70010081

    Listing office KW ADVISORS

    Listing date Nov 22, 2025

    Source Corcoran

    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 KW ADVISORS

    HighLights

    • Prime commercial location on Highway 1 with exceptional visibility and steady traffic flow.
    • Large 12,234± sq ft lot with ample on‑site parking.
    • Versatile 1,800± sq ft building suitable for a variety of business uses.
    • Strategic coastal location between downtown Half Moon Bay and Pillar Point Harbor.
    • Convenient access to San Francisco and the greater Bay Area.
    • Prominent frontage offering strong business presence.

    Overview

    This commercial property features a 1,800 square foot building situated on a 12,234 square foot lot. The property benefits from its location along Highway 1, offering high visibility and steady traffic flow. On-site parking is available. Positioned between downtown Half Moon Bay and Pillar Point Harbor, the location provides access to San Francisco and the broader Bay Area. The property's frontage and coastal location may suit various business uses seeking presence and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Accounting Firm Auto Repair Shop Kitchen & Bath Showroom Department Store HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Half Moon Bay
    County
    San Mateo
    State
    California
    Longitude
    -122.454
    Latitude
    37.4931

    Nearby Similar for Sale

    • $1,450,000
      1,326 SF

      Half Moon Bay Triplex Near Downtown

      Triplex near Main Street with ample parking and new roof.
      430 Pine Ave, Half Moon Bay, CA 94019
      View Details
    • $3,250,000
      7,200 SF

      Unique Flex Space Opportunity

      Flex space with ocean, harbor, and hillside views.
      199 Point Avenue, HALF MOON BAY, CA 94019
      View Details
    • $6,900,000
      161,809 SF

      Half Moon Bay Greenhouse Land

      9+ acres of greenhouse land with lease income.
      2351 Cabrillo Highway, HALF MOON BAY, CA 94019
      View Details
    • $850,000

      Ocean View Building Site

      Desirable location with paid water reservation.
      Coronado Avenue, Half Moon Bay, CA 94019
      View Details
    • $2,400,000
      3,960 SF

      Mixed-Use Property in Half Moon Bay

      Mediterranean-Tuscan style mixed-use property in the heart of Half Moon Bay.
      643 Main Street, HALF MOON BAY, CA 94019
      View Details
    • $850,000

      Ocean View Building Site

      Waterfront land with ocean views and paid water reservation.
      318 Coronado Avenue, HALF MOON BAY, CA 94019
      View Details
    • $45,000
      4,993 SF

      Land Investment Opportunity in Half

      Land for investment in Half Moon Bay, California.
      110 Dolores Avenue, Half Moon Bay, CA 94019
      View Details
    • $1,850,000

      Oceanside Lot in West Miramar

      Large vacant lot with pre-approved plans near beaches.
      121 Magellan Avenue, Half Moon Bay, CA 94019
      View Details
    • $3,330,000
      1,608 SF

      Coastal Ranch Property with Ocean Views

      80+ acre ranch near Half Moon Bay with development potential.
      746 Tunitas Creek Road, HALF MOON BAY, CA 94019
      View Details
    • $2,695,000
      3,770 SF

      Half Moon Bay Land Opportunity

      22.7-acre property near downtown Half Moon Bay with PAD zoning.
      1770 Higgins Canyon Road, HALF MOON BAY, CA 94019
      View Details
    • $1,850,000

      Oceanside Lot in West Miramar

      Large vacant parcel with pre-approved plans in Half Moon Bay.
      121 Magellan Avenue, Half Moon Bay, CA 94019
      View Details
    • $299,000

      Half Moon Bay Residential Lot

      Westside residential lot near downtown, beach, and coastal trail.
      411 Belleville, HALF MOON BAY, CA 94019
      View Details

    FAQs

    What type of property is this?
    Commercial land - Versatile building on a large lot with highway visibility.
    Where is this commercial land located?
    The property is located at 3048 Cabrillo Highway Half Moon Bay, CA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: Prime commercial location on Highway 1 with exceptional visibility and steady traffic flow.; Large 12,234± sq ft lot with ample on‑site parking.; Versatile 1,800± sq ft building suitable for a variety of business uses.
    (650) 627-3700
    We can help!
    Listing Contact
    KULDA GROUP
    Real Estate License ID: 70010081
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3048 Cabrillo Highway, HALF MOON BAY, CA 94019
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!