Flex Space with Loading
For Sale
Contact for pricing
313 Princeton, Half Moon Bay, CA 94019
CCR zoning and a shower-equipped bathroom support a range of business configurations.
Property Size3,795 SF
Price / SF$1.16
Days on Market223
Property Features for 313 Princeton
General Information
Standard status
Active
Size
3,795 SF
Zoning
CCR
Additional Details
Road Access
Yes
Property Use
Flex/Industrial
Building Details
Year Built
1980
Listing Agency:
Compass
Listed By:
Guy Giuffre · License #1393931
(831) 566-5430
Source:
Giuffreproperties
Added: Mar 24
Changed: Nov 1
Last Checked: Oct 31 at 10:25PM
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 flex space features epoxy flooring, high open-beam ceilings, and natural light. Loading doors open onto Princeton Avenue, and the interior includes a full bathroom with shower and a separate storage room. The floor plan is adaptable to different operations.
Located across from the waterfront and Princeton Harbor, the property is near restaurants, marina activity, and destination-based businesses. The site is within the Coastside Commercial Recreation (CCR) zoning district; potential uses are subject to buyer verification.
Located across from the waterfront and Princeton Harbor, the property is near restaurants, marina activity, and destination-based businesses. The site is within the Coastside Commercial Recreation (CCR) zoning district; potential uses are subject to buyer verification.
Key Highlights
- Coastside Commercial Recreation (CCR) zoning district
- Loading doors open onto Princeton Avenue
- Epoxy flooring and high open‑beam ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,523
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,010,460
$3.0M
Cap Rate 7%
$2,150,329
$2.2M
Cap Rate 9%
$1,672,478
$1.7M
Market Conditions
NOI Build-Up for 3,795 SF
Gross rent
$260.5K $68.64/SF
− Vacancy
−$28.9K −$7.62/SF
EGI
$231.6K $61.02/SF
− OpEx
−$81.1K −$21.36/SF
NOI
$150.5K $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%
$3,010,460
Cap Rate 7%
$2,150,329
Cap Rate 9%
$1,672,478
Alternative Uses
Best Use
Industrial
$2.48M
$2.17M – $2.90M
NOI $173,772 @ 7.0% cap · market cap 3,940.41%
Second Best
Flex RnD
$2.15M
$1.88M – $2.51M
NOI $150,523 @ 7.0% cap · market cap 3,413.22%
Theoretical Best
Warehouse
$3.01M
$2.64M – $3.52M
NOI $211,009 @ 7.0% cap · market cap 4,784.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94019, CA
15,483
Population
5,849
Households
2.6
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
59.7 sq mi
ZIP Area
259
Density / Sq Mi
$153,272
Median Household Income
$72,042
Median Earnings
$1,977
Median Rent
$1,509,300
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - CCR zoning and a shower-equipped bathroom support a range of business configurations.
Where is this flex space located?
The property is located at 313 Princeton Half Moon Bay, CA.
What are key features of this property?
This property features: Coastside Commercial Recreation (CCR) zoning district; Loading doors open onto Princeton Avenue; Epoxy flooring and high open‑beam ceilings
