Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    705 Veterans Blvd Redwood City, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-profile corner location near mixed-use developments and Keiser Permanente.

    Type:OFFICE
    Property size:
    5,362 SF
    Lot size:
    0.57 Acres
    Price / SF:
    $745/SF
    Added:
    Jun 3, 2025
    Days on Market:
    331
    Last Refresh:
    Apr 5 at 10:55 pm

    Property Features for 705 Veterans Blvd

    General Information

    Standard status
    Active
    Size
    5,362 SF
    Lot size
    0.57 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Lloyd Bakan
    Lloyd Bakan

    Listing agent Lloyd Bakan License #LICENSENO.00914232

    Listing office Avison Young | Palo Alto

    Listing date Jun 3, 2025

    Source Moodyscre

    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 Avison Young | Palo Alto

    Overview

    Redwood City Corner Location

    This property is situated on a high-profile signalized corner location, surrounded by new mixed-use developments. The lot measures 23,366 square feet, which is approximately 0.54 acres. The property features an attractive courtyard building architecture. A turn-key dental business occupies 2,000+/- square feet within the 5,362 square foot building. The location is just two blocks south of Keiser Permanente, presenting an excellent long-term development site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    eDental | Eugene V. ... Dental Office Nick Bertetta - State ... Insurance Agency Brian Mullen Insurance Insurance Agency Flourish Insurance & Financial ... Insurance Agency Keith Carter Bail ... Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • Whipple Ave Pet Hospital — 635 Whipple Ave, Redwood City, CA 94063
    • Mills Rachel DVM — 1409 el camino real, redwood city, ca 94063
    • Murphy Juli DVM — 1409 El Camino Real, Redwood City, CA 94063
    • Smith Charles DVM — 1409 El Camino Real, Redwood City, CA 94063, United States

    Location Insight

    • Map
    • Local Demand
    City
    Redwood City
    County
    San Mateo
    State
    California
    Longitude
    -122.23
    Latitude
    37.4914

    Nearby Similar for Sale

    • $150,000
      1,100 SF

      Redwood City Beauty Salon

      Profitable beauty salon for sale in Redwood City, CA.
      55 Fifth AVE, REDWOOD CITY, CA 94063
      View Details
    • $600,000
      3,500 SF

      Redwood City Child Care Facility

      Existing child care facility with capacity for 57 children.
      1835 Valota RD, REDWOOD CITY, CA 94061
      View Details
    • $1,498,000
      2,073 SF

      Redwood City Corner Duplex

      Charming duplex in Redwood City, ideal for investors/homeowners.
      1479 Ebener ST, REDWOOD CITY, CA 94061
      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
    • $1,750,000
      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
    • $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
    • $1,595,000
      2,548 SF

      Redwood City Income Property

      Two spacious units in Redwood City's Palm Park neighborhood.
      1029 Redwood Avenue, Redwood City, CA 94061
      View Details
    • $2,250,000
      10,102 SF

      Redwood City Light Industrial Building

      Rare light industrial building with flexible zoning and desirable location.
      819 Fifth Avenue, Redwood City, CA, 94063
      View Details
    • $1,980,000
      3,961 SF

      Commercial

      2951 Middlefield Road, REDWOOD CITY, CA 94063
      View Details
    • $2,450,000
      1,198 SF

      Updated Redwood City Income Property

      Four-unit property with updated features near downtown Redwood City.
      1164 Clinton St, Redwood City, CA 94061
      View Details
    • $259,000

      Harbor Village Mobile Home

      Well-maintained 3-bedroom, 2-bathroom mobile home in Redwood City community.
      3015 E Bayshore Rd 316, Redwood City, CA 94063
      View Details
    • $4,875,000
      6,324 SF

      Redwood City Redevelopment Opportunity

      Corner lot near downtown Redwood City primed for redevelopment.
      Winslow, Redwood City, CA 94063
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - High-profile corner location near mixed-use developments and Keiser Permanente.
    Where is this medical office space located?
    The property is located at 705 Veterans Blvd Redwood City, CA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: High‑profile signalized corner location; Large lot measuring 23,366+\/- sf (.54 Acres); Turn‑Key dental business measuring 2,000+\/- sf
    (424) 265-9200 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lloyd Bakan
    Lloyd Bakan
    Real Estate License ID: LICENSENO.00914232
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!