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Built-Out Office Condominium
For Sale
$2,500,000

600 El Camino Real, Belmont, CA 94002

The suite includes private workrooms, a conference room, and dedicated parking.

Property Size2,569 SF
Price / SF$973.14
Days on Market128

Property Features for 600 El Camino Real

General Information

Standard status Active
Size 2,569 SF
Total Parking Spaces 8
Property subtype Comm Ind For Sale

Additional Details

Condition Move-in Ready
HOA Fee $679.50
Road Access Yes
Office Units 1
Property Use Office

Amenities

shared common-area restrooms

Building Details

Building Size 2,569 SF
Year Built 2020
Listing Agency: Green Banker Realty
Listed By: Stanley Lo · License #00874415
Source: Dixitproperties
Added: Jun 23 Changed: Oct 27 Last Checked: Oct 27 at 3:39AM

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 Green Banker Realty

Rey
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Investment Insights

Based on property information with market context.

This 2020 office condominium at 600 El Camino Real provides approximately 2,569 square feet of office space, along with 509 square feet of storage. Its layout contains nine private offices and a conference room. Shared restrooms serve the suite, and eight dedicated parking spaces are included.

The property is part of a mixed-use development on El Camino Real in Belmont. Retail, dining, and service businesses are nearby, and the corridor connects with Peninsula transportation routes.

Key Highlights

  • Approximately 2,569 square feet of office space plus 509 square feet of storage
  • Nine private offices and one conference room
  • Eight dedicated parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,280
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,645,600 $1.6M
Cap Rate 7%
$1,175,429 $1.2M
Cap Rate 9%
$914,222 $914.2K
Market Conditions
NOI Build-Up for 2,569 SF
Gross rent
$141.2K $54.96/SF
− Vacancy
−$31.5K −$12.26/SF
EGI
$109.7K $42.70/SF
− OpEx
−$27.4K −$10.68/SF
NOI
$82.3K $32.03/SF
Area
San Mateo County, CA
Vacancy
22.30%
Lease Rate
$54.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,645,600
Cap Rate 7%
$1,175,429
Cap Rate 9%
$914,222

Alternative Uses

Best Use
Office B
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,280 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.04M
$1.79M – $2.38M (±1% cap)
NOI $142,841 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

CHS Development Group General Contractor MDY Properties Inc Construction Company Maxwell Dumpster Rental Waste Management Facility Law Offices of Vorsatz ... Law Firm Cardinal Opioid Treatment Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Dental Office Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,552
Businesses Nearby

Demographics for 94002, CA

28,513
Population
11,307
Households
2.5
Avg Household Size
40
Median Age
69%
College-Educated
96%
High-School Grad
5.6 sq mi
ZIP Area
5,092
Density / Sq Mi
$204,573
Median Household Income
$120,322
Median Earnings
$2,889
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The suite includes private workrooms, a conference room, and dedicated parking.
Where is this office unit located?
The property is located at 600 El Camino Real Belmont, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 2,569 square feet of office space plus 509 square feet of storage; Nine private offices and one conference room; Eight dedicated parking spaces
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