Multi-Unit Retail
For Sale
$2,099,000
3201-3205 Middlefield RD, Menlo Park, CA 94025
For sale retail storefront property comprising units at 3201–3205 Middlefield Road, totaling 6,395 sq. ft.
Property Size6,395 SF
Days on Market95
Property Features for 3201-3205 Middlefield RD
General Information
Standard status
Active
Size
6,395 SF
Property subtype
CommercialProperty
Building Details
Building Size
6,395 SF
Year Built
1950
Listing Agency:
Compass
Listed By:
Juan De Leon · License #01383120
(415) 305-6275
Source:
Johnpaye
Added: Jul 21
Changed: Oct 11
Last Checked: Oct 23 at 1:55PM
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 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
Estimated NOI and Cap Rate
NOI / Yr
$163,306
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,266,120
$3.3M
Cap Rate 7%
$2,332,943
$2.3M
Cap Rate 9%
$1,814,511
$1.8M
Market Conditions
NOI Build-Up for 6,395 SF
Gross rent
$244.8K $38.28/SF
− Vacancy
−$11.5K −$1.80/SF
EGI
$233.3K $36.48/SF
− OpEx
−$70.0K −$10.94/SF
NOI
$163.3K $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%
$3,266,120
Cap Rate 7%
$2,332,943
Cap Rate 9%
$1,814,511
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,405
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 17%
Electronics 12%
Hotels & Casinos 8%
Jack in the Box
Dining
11,711 visits/mo
0.5 miles
Pizza Hut
Dining
3,937 visits/mo
0.2 miles
QuikStop
Shops & Services
2,861 visits/mo
0.2 miles
Best Western Plus Executive Suites
Hotels & Casinos
2,388 visits/mo
0.5 miles
Metro by T-Mobile
Electronics
2,352 visits/mo
0.1 miles
Demographics for 94025, CA
42,354
Population
16,259
Households
2.6
Avg Household Size
39
Median Age
73%
College-Educated
94%
High-School Grad
8.4 sq mi
ZIP Area
5,042
Density / Sq Mi
$215,871
Median Household Income
$98,160
Median Earnings
$3,169
Median Rent
$2,000,001
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Sassy Diva Designs & Events — 815 Warrington Ave, Redwood City, CA 94063
Frequently Asked Questions
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 RD 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
