Redwood City Redevelopment
65 Winslow Redwood City, CA 94063
For Sale
$4,400,000
Corner lot near downtown Redwood City primed for redevelopment.
Property Size6,324 SF
Lot Size0.42 Acres
Price / SF$695.76
Days on Market97
Property Features for 65 Winslow
General Information
Standard status
Active
Size
6,324 SF
Lot size
0.42 Acres
Property subtype
Commercial
Building Details
Year Built
1955
Listing Agency:
Coldwell Banker
(650) 676-0294
Listed By:
Margaret Duffy · License #01810445
(650) 676-0294
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 11:30AM
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
Investment Insights
Based on property information with market context.
This approximately 18,369 square foot corner lot, situated on approximately 0.42 acres, presents a redevelopment opportunity. Located approximately one-half mile from downtown Redwood City and a Tier 1 Caltrain station, the parcel is zoned for development in the Mixed Use - Transitional (MUT) Zone and the Priority Development Area (Veterans / Broadway Corridor), adjacent to the Radius Apartment Complex. The existing building measures approximately 6324 square feet. The property features accessibility and frontage from two streets, a fenced lot, and a flat, expansive yard. Assigned parking is available. The recently remodeled and refurbished modern, light-filled offices span two levels and include HVAC. Interior features include a new kitchenette/break room, a reception and meeting room, and two sets of restrooms. The expansive warehouse has a new epoxy floor and two large grade-level roll-up doors. The property is easily accessible via U.S. 101, El Camino Real, and Whipple Avenue. The bike score is 73, indicating it is very bikeable, and the walk score is 92, indicating it is a walker's paradise.
Key Highlights
- Prime Redevelopment Opportunity: Large ±10.42 acre corner lot zoned Mixed Use - Transitional (MUT) in a Priority Development Area.
- Excellent Location: Approximately one‑half mile from Downtown Redwood City and a Tier 1 Caltrain Station.
- High Accessibility: Easily accessible via U.S. 101, El Camino Real, and Whipple Avenue.
Financial Insights For Warehouse
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 | $434.1k | $68.64 |
| − Vacancy | −$20.4k | −$3.23 |
| EGI | $413.7k | $65.41 |
| − OpEx | −$62.1k | −$9.81 |
| NOI | $351.6k | $55.60 |
6,324 SF · lease $68.64/SF/yr · vacancy 4.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.02M
$4.40M – $5.86M
NOI $351,626 @ 7.0% cap · market cap 7.99%
Second Best
Industrial
$4.14M
$3.62M – $4.83M
NOI $289,574 @ 7.0% cap · market cap 6.58%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner lot near downtown Redwood City primed for redevelopment.
Where is this mixed-use property located?
The property is located at 65 Winslow Redwood City, CA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Prime Redevelopment Opportunity: Large ±10.42 acre corner lot zoned Mixed Use - Transitional (MUT) in a Priority Development Area.; Excellent Location: Approximately one‑half mile from Downtown Redwood City and a Tier 1 Caltrain Station.; High Accessibility: Easily accessible via U.S. 101, El Camino Real, and Whipple Avenue.
