Two-Unit Retail
630632 El Camino Real San Carlos, CA 94070
For Sale
$975,000
Two-unit commercial building with private parking behind, one vacant unit, and one unit under a short-term lease.
Property Size1,130 SF
Price / SF$862.83
Days on Market113
Property Features for 630632 El Camino Real
General Information
- Standard status
- Active
- Size
- 1,130 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1945
Listing Agency:
(650) 918-4388
Listed By:
Kinghorn Commercial Properties
Source:
Xome
Added: Apr 3
Changed: Jul 23
Last Checked: Jul 23 at 6:28PM
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 Kinghorn Commercial Properties
Investment Insights
Based on property information with market context.
This two-unit commercial building is positioned along El Camino Real and includes private parking spaces behind the building. One unit is currently vacant, while the other unit has a short-term lease in place.
Additional parking is available along El Camino Real in front of the property, and there is a large public parking lot behind it.
The offering provides an investable retail configuration with an immediate vacancy option alongside an in-place short-term tenant.
Additional parking is available along El Camino Real in front of the property, and there is a large public parking lot behind it.
The offering provides an investable retail configuration with an immediate vacancy option alongside an in-place short-term tenant.
Key Highlights
- Two‑unit commercial building on high‑traffic El Camino Real, one block from downtown San Carlos
- MU‑D zoning
- Window/wall unit cooling
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 | $43.3k | $38.28 |
| − Vacancy | −$2.0k | −$1.80 |
| EGI | $41.2k | $36.48 |
| − OpEx | −$12.4k | −$10.94 |
| NOI | $28.9k | $25.54 |
1,130 SF · lease $38.28/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$412.2K
$360.7K – $480.9K
NOI $28,856 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$897.6K
$785.4K – $1.05M
NOI $62,830 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Storefront property - Two-unit commercial building with private parking behind, one vacant unit, and one unit under a short-term lease.
Where is this storefront property located?
The property is located at 630632 El Camino Real San Carlos, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two‑unit commercial building on high‑traffic El Camino Real, one block from downtown San Carlos; MU‑D zoning; Window/wall unit cooling
