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Flex Space with Roll-Up Doors
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741-745 Warrington Ave, Redwood City, CA 94063

Flex space suites with front reception areas, in-suite restrooms, and roll-up doors suited for R&D or tinker use.

Property Size3,600 SF
Price / SF$550
Days on Market434

Property Features for 741-745 Warrington Ave

General Information

Standard status Active
Size 3,600 SF
Property subtype INDUSTRIAL

Amenities

Front reception
Kitchenette
Conference room
Listing Agency: Sequoia Realty Service
Listed By: Anthony Kamm · License #01783456
Source: Moodyscre
Added: May 27, 2025 Changed: Jul 31 Last Checked: Aug 2 at 2:33PM

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 Sequoia Realty Service

Investment Insights

Based on property information with market context.

741-745 Warrington Ave in Redwood City offers two flex space suites totaling 3,600 SF. Each suite is set up with a front reception area and in-suite restroom, plus flexible interior areas designed for workspace and R&D-style use.

Suite 741 includes a large open space and one roll-up door intended for open R&D or tinker space. Suite 745 adds a front reception area along with a kitchenette, an open office, an in-suite restroom, a conference room, and one roll-up door for closed-off garage or R&D space.

The combination of reception areas, in-suite restrooms, and roll-up doors supports a range of light flex uses where access and adaptable interior space matter.

Key Highlights

  • 3,600 SF flex space with two suites
  • Front reception and in‑suite restroom in each suite
  • One roll‑up door for open R&D or tinker space (Suite 741)

Financial Insights For Industrial

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 $247.1k $68.64
− Vacancy −$11.6k −$3.23
EGI $235.5k $65.41
− OpEx −$70.6k −$19.62
NOI $164.8k $45.79
3,600 SF · lease $68.64/SF/yr · vacancy 4.70% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$2.86M
$2.50M – $3.34M (±1% cap)
NOI $200,167 @ 7.0% cap · market cap 10.11%
Second Best
Industrial
$2.35M
$2.06M – $2.75M (±1% cap)
NOI $164,843 @ 7.0% cap · market cap 8.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Barber Shop Tattoo & Piercing Shop Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

2,274
Businesses Nearby
Balanced
Demand for This Use

Demographics for 94063, CA

35,836
Population
12,162
Households
2.9
Avg Household Size
34
Median Age
35%
College-Educated
74%
High-School Grad
6.5 sq mi
ZIP Area
5,513
Density / Sq Mi
$115,528
Median Household Income
$50,960
Median Earnings
$2,802
Median Rent
$1,077,100
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • J&V Catering — 175 Fifth Ave, Redwood City, CA 94063
  • Concierge Catering — 604 Fifth Ave A, B, Redwood City, CA 94063
  • Capelo's Barbecue — 2655 Middlefield Rd, Redwood City, CA 94063
  • PigandPoppy, Personal Chef Catering — 95 Charter St, Redwood City, CA 94063
  • Redwood Catering — 2684 Middlefield Rd # G, Redwood City, CA 94063

Frequently Asked Questions

What type of property is this?
Flex space - Flex space suites with front reception areas, in-suite restrooms, and roll-up doors suited for R&D or tinker use.
Where is this flex space located?
The property is located at 741-745 Warrington Ave Redwood City, CA.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: 3,600 SF flex space with two suites; Front reception and in‑suite restroom in each suite; One roll‑up door for open R&D or tinker space (Suite 741)
(650) 888-3858 Call to check price and availability
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