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Single-Tenant Office Building
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777 Marshall Street, Redwood City, CA 94063

Single-story office building with private offices, boardroom, open work area, and kitchenette near transit.

Property Size2,500 SF
Price / SF$840
Days on Market99

Property Features for 777 Marshall Street

General Information

Standard status Active
Size 2,500 SF
Property subtype Office
Zoning Downtown Precise Plan - Downtown General
Investment Type Owner/User

Building Details

Stories 1
Tenancy Single
Listing Agency: Premier Properties
Listed By: Jack Spallino · License #0089320
Source: Crexi
Added: Jul 1 Changed: Sep 11 Last Checked: Oct 5 at 4:23PM

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 Premier Properties

Investment Insights

Based on property information with market context.

777 Marshall Street is a single-story, single-tenant office building designed for a focused workplace. The interior includes four private offices, a boardroom, a reception area, open desk space, and a kitchenette. The space also offers one shower room and two restrooms to support day-to-day operations.

The property is conveniently located in downtown Redwood City and is surrounded by downtown restaurants and amenities. It is within walking distance to the CalTrain Station, providing easy access for staff, clients, and visitors.

This configuration is well suited for an owner-user looking for dedicated office space with both private and collaborative areas, including a boardroom for meetings. The presence of multiple restrooms, a reception area, and an open work zone supports a practical mix of client-facing functions and day-to-day staffing. Investors or developers evaluating office redevelopment can also consider the asset as a development opportunity within the downtown setting.

Key Highlights

  • Single‑story, single‑tenant office building at 777 Marshall Street in downtown Redwood City
  • Approx. 2,500 SF layout with four private offices, one boardroom, reception area, and open desk space
  • Includes a kitchenette, one shower room, and two restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$80,070
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,601,400 $1.6M
Cap Rate 7%
$1,143,857 $1.1M
Cap Rate 9%
$889,667 $889.7K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$137.4K $54.96/SF
− Vacancy
−$30.6K −$12.26/SF
EGI
$106.8K $42.70/SF
− OpEx
−$26.7K −$10.68/SF
NOI
$80.1K $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%
$1,601,400
Cap Rate 7%
$1,143,857
Cap Rate 9%
$889,667

Alternative Uses

Best Use
Office B
$1.14M
$1.00M – $1.33M (±1% cap)
NOI $80,070 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.99M
$1.74M – $2.32M (±1% cap)
NOI $139,005 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Chuck Smith, Attorney ... Law Firm Brandon F. Douglass Law Firm Anthony W Gibbs ... Law Firm Charles J. Smith ... Law Firm Harriotte Aaron Law Firm

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Pet Store Fish Market Locksmith Butcher

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

3,949
Businesses Nearby

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
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
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Frequently Asked Questions

What type of property is this?
Office building - Single-story office building with private offices, boardroom, open work area, and kitchenette near transit.
Where is this office building located?
The property is located at 777 Marshall Street Redwood City, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Single‑story, single‑tenant office building at 777 Marshall Street in downtown Redwood City; Approx. 2,500 SF layout with four private offices, one boardroom, reception area, and open desk space; Includes a kitchenette, one shower room, and two restrooms
More about this property
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