Multi-Unit Retail
3201-3205 Middlefield Road Menlo Park, CA 94025
New
For Sale
$2,099,000
For sale retail storefront property comprising units at 3201–3205 Middlefield Road, totaling 6,395 sq. ft.
Property Size6,395 SF
Price / SF$328.23
Days on Market3
Property Features for 3201-3205 Middlefield Road
General Information
- Standard status
- Active
- Size
- 6,395 SF
Building Details
- Year Built
- 1950
Listing Agency:
Compass
(415) 305-6275
Listed By:
Juan De Leon · License #01383120
Source:
Evrealestate
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 6:07AM
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
Investment Insights
Based on property information with market context.
This for-sale retail storefront property includes multiple units at 3201–3205 Middlefield Road. The offering totals 6,395 square feet, providing a compact retail configuration suitable for a variety of storefront-oriented uses.
The property is located at 3201-3205 Middlefield Road in Menlo Park, California, within San Mateo County.
With its multi-unit storefront setup and defined street numbering across 3201–3205, the space is well-suited for tenants seeking individual storefront presence within the same property footprint.
The property is located at 3201-3205 Middlefield Road in Menlo Park, California, within San Mateo County.
With its multi-unit storefront setup and defined street numbering across 3201–3205, the space is well-suited for tenants seeking individual storefront presence within the same property footprint.
Key Highlights
- Retail storefront property for sale at 3201–3205 Middlefield Road
- Total building size: 6,395 sq. ft.
- Year built: 1950
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $244.8k | $38.28 |
| − Vacancy | −$11.5k | −$1.80 |
| EGI | $233.3k | $36.48 |
| − OpEx | −$70.0k | −$10.94 |
| NOI | $163.3k | $25.54 |
6,395 SF · lease $38.28/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.33M
$2.04M – $2.72M
NOI $163,306 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.08M
$4.44M – $5.93M
NOI $355,574 @ 7.0% cap · market cap 16.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - For sale retail storefront property comprising units at 3201–3205 Middlefield Road, totaling 6,395 sq. ft.
Where is this storefront property located?
The property is located at 3201-3205 Middlefield Road Menlo Park, CA.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: Retail storefront property for sale at 3201–3205 Middlefield Road; Total building size: 6,395 sq. ft.; Year built: 1950
