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Second-Floor Office Unit
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819 Cowan RD, Burlingame, CA 94010

Located in a light industrial area near SFO, Highway 101, downtown Burlingame and Millbrae BART.

Property Size24,452 SF
Price / SF$0.24
Days on Market68

Property Features for 819 Cowan RD

General Information

Standard status Active
Size 24,452 SF

Space & Availability

Floor 2
Condition Move-in Ready

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Property Use Office

Building Details

Year Built 2007
Listing Agency: Compass
Listed By: Guy Giuffre · License #1393931
Source: Giuffreproperties
Added: Aug 24 Changed: Oct 28 Last Checked: Oct 28 at 4:26PM

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 Compass

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Suite A is an office unit on the second floor of a commercial property built in 2007. The property is in a light industrial area in Burlingame.

SFO Airport, Highway 101, downtown Burlingame and Millbrae BART station are nearby.

Key Highlights

  • Second‑floor office unit, Suite A
  • Property built in 2007
  • Near SFO Airport, Highway 101, downtown Burlingame and Millbrae BART station

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$783,147
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,662,940 $15.7M
Cap Rate 7%
$11,187,814 $11.2M
Cap Rate 9%
$8,701,633 $8.7M
Market Conditions
NOI Build-Up for 24,452 SF
Gross rent
$1.34M $54.96/SF
− Vacancy
−$299.7K −$12.26/SF
EGI
$1.04M $42.70/SF
− OpEx
−$261.0K −$10.68/SF
NOI
$783.1K $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%
$15,662,940
Cap Rate 7%
$11,187,814
Cap Rate 9%
$8,701,633

Alternative Uses

Best Use
Office B
$11.19M
$9.79M – $13.05M (±1% cap)
NOI $783,147 @ 7.0% cap · market cap 13,162.13%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$19.42M
$16.99M – $22.66M (±1% cap)
NOI $1,359,576 @ 7.0% cap · market cap 22,850.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

H & N Foods ... Take-out & Catering Lucky Strike Farms ... Food Processing Plant MagniqueUSA Physician American CareQuest Home Health Care Service Orkin Garden Center

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center Barber Shop

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,275
Businesses Nearby

Demographics for 94010, CA

44,045
Population
17,834
Households
2.5
Avg Household Size
42
Median Age
69%
College-Educated
96%
High-School Grad
15.1 sq mi
ZIP Area
2,917
Density / Sq Mi
$191,758
Median Household Income
$101,100
Median Earnings
$2,655
Median Rent
$2,000,001
Median Home Value

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

Frequently Asked Questions

What type of property is this?
Office unit - Located in a light industrial area near SFO, Highway 101, downtown Burlingame and Millbrae BART.
Where is this office unit located?
The property is located at 819 Cowan RD Burlingame, CA.
What are key features of this property?
This property features: Second‑floor office unit, Suite A; Property built in 2007; Near SFO Airport, Highway 101, downtown Burlingame and Millbrae BART station
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Includes: Price & PSF · Cap rate · Location · Zoning

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