Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Redwood City Mixed-Use Development Land Title is generated by Realmo AI

    332 Woodside Road, Redwood City, CA 94061

    View on Map
    Claim this Listing
    For Sale
    $8,900,000

    32,583 SF land parcel zoned for mixed-use development.

    Type:Commercial
    Added:
    Aug 1, 2025
    Days on Market:
    308
    Last Refresh:
    May 10 at 8:52 pm

    Property Features for 332 Woodside Road

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    We can help!

    Listing Contact
    PAUL ZECH
    PAUL ZECH

    Listing agent PAUL ZECH License #01965059

    Listing office COLDWELL BANKER REALTY

    Listing date Aug 1, 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 COLDWELL BANKER REALTY

    HighLights

    • Large, usable lot: 32,583 SF all level/usable.
    • Mixed‑use zoning (MUN) with 60' height limit potential for residential building.
    • Utilities connected: Power, water, and sewer are on site.
    • Potential for various developments: Suggested uses include hotel and senior living.
    • Existing structure: Includes a 4,077 sq. ft. two‑story building with mixed‑use.
    • Strategic location: A key value point.

    Overview

    This 32,583 square foot parcel is zoned for Mixed Use Neighborhood (MUN) and presents a development opportunity. Redwood City Planning Department has suggested a 60-foot height residential building, while other commercial height limits are 35 feet. Potential uses include hotel and senior living facilities. The site currently houses a family-owned and operated nursery that has been in business for several decades. Utilities including power, water, and sewer are connected on site. An existing two-story structure of approximately 4,077 square feet is present on the property, with a residence on the second floor and the structure currently used for mixed purposes. The height limit is 60 feet for mixed-use and 35 feet for commercial-only developments. Buyers are advised to verify all information.
    Property Profile Location Intelligence

    Current Use by Public Records

    M & M Nursery Garden Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Redwood City
    County
    San Mateo
    State
    California
    Longitude
    -122.224
    Latitude
    37.4725

    Nearby Similar for Sale

    • $2,150,000
      5,972 SF

      Four-Unit Quadplex With Courtyard

      Well-maintained quadplex with private courtyard and off-street parking for independent two-car garages.
      306 Beech ST, REDWOOD CITY, CA 94063
      View Details
    • $1,988,000
      6,405 SF

      Mixed-Use Residential and Restaurant Property

      Four apartments plus a commercial restaurant with a standalone six-garage building near transportation and freeway access.
      2393 Spring, Redwood City, CA 94063
      View Details
    • $2,349,000
      3,013 SF

      Two-Unit Residential Income Duplex

      Well-configured duplex with two separate residences, including a fully permitted 2019 renovation and independent driveways.
      69-71 Nueva AVE, Redwood City, CA 94061
      View Details
    • $1,450,000
      2,073 SF

      Corner Duplex With Attached Garages

      Well-maintained duplex with two 2-bedroom units, each with interior access to a 1-car garage and separate utilities.
      1479 Ebener ST, REDWOOD CITY, CA 94061
      View Details
    • $150,000

      Beauty Salon Retail Storefront

      Established beauty salon offering a new five-year lease with options in a high-traffic, highly visible Redwood City location.
      55 Fifth AVE, REDWOOD CITY, CA 94063
      View Details
    • $4,400,000
      6,324 SF

      Redwood City Redevelopment Opportunity

      Corner lot near downtown Redwood City primed for redevelopment.
      65 Winslow, Redwood City, CA 94063
      View Details
    • $1,598,000

      Redwood City Development Opportunity

      Land with development potential in Emerald Hills neighborhood.
      642 Park RD, REDWOOD CITY, CA 94062
      View Details
    • $1,500,000
      2,010 SF

      Three-Unit Residential Income Property

      Triplex configured as three units on a 5,951 sq. ft. lot, offering flexible living and rental options.
      3779 Hoover ST, REDWOOD CITY, CA 94063
      View Details
    • $2,750,000
      4,490 SF

      Turnkey Triplex in Redwood City

      Trophy triplex with excellent rental income in desirable Redwood City.
      503 W Fox Ct, Redwood City, CA 94061
      View Details
    • $1,750,000
      2,920 SF

      Redwood City Retail Opportunity

      Stand-alone retail building with high visibility and foot traffic.
      1100 El Camino Real, Redwood City, CA 94063
      View Details
    • $600,000

      Child Care Preschool Facility

      Existing child care facility designed for up to 57 children, including 22 toddlers.
      1835 Valota RD, REDWOOD CITY, CA 94061
      View Details
    • $598,000
      3,500 SF

      Redwood City Restaurant Opportunity

      Turnkey European-style restaurant in Redwood City with indoor and outdoor seating.
      Redwood City, Unit 830, Redwood City, CA 94063
      View Details

    FAQs

    What type of property is this?
    Commercial land - 32,583 SF land parcel zoned for mixed-use development.
    Where is this commercial land located?
    The property is located at 332 Woodside Road Redwood City, CA.
    What is the asking price?
    The asking price for this property is $8,900,000.
    What are key features of this property?
    This property features: Large, usable lot: 32,583 SF all level/usable.; Mixed‑use zoning (MUN) with 60' height limit potential for residential building.; Utilities connected: Power, water, and sewer are on site.
    (831) 688-6461
    We can help!
    Listing Contact
    PAUL ZECH
    PAUL ZECH
    Real Estate License ID: 01965059
    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
    332 Woodside Road, REDWOOD CITY, CA 94061
    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!