Redwood Rentals Business
For Sale
Contact for pricing
416 D St, Redwood City, CA 94063
Equipment rental business for sale in Redwood City, California.
Property Size3,300 SF
Price / SF$545.45
Days on Market1069
Property Features for 416 D St
General Information
Standard status
Active
Size
3,300 SF
Property subtype
Business for Sale, Industrial
Occupancy
100%
Lease Type
Modified Gross
Building Details
Tenancy
Single
Listing Agency:
Realty One Group Infinity Campbell
Listed By:
Albert Dalrymple · License #CA 01147023
(650) 714-6583
Source:
Crexi
Added: Oct 2, 2023
Changed: Aug 16
Last Checked: Sep 2 at 6:16PM
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 Realty One Group Infinity Campbell
Investment Insights
Based on property information with market context.
The Redwood Rentals & Repair business, located in Redwood City, California, is available for purchase. This equipment rental yard has been serving the Mid-Peninsula since 1987, providing rental equipment to contractors and a wide range of customers, including homeowners, independent contractors, landscapers, and large general contractors and building firms. The business offers a diverse assortment of equipment and services. The property size is 3300 square feet. Please note that this is a business sale only, as the land is leased long term.
Key Highlights
- Established Business: Operating since 1987, demonstrating a long history and stability.
- Prime Location in Redwood City, CA, south of San Francisco, offering access to a valuable market.
- Diverse Clientele: Serves a wide range of customers, including homeowners, contractors, and large building firms.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$151,106
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,022,120
$3.0M
Cap Rate 7%
$2,158,657
$2.2M
Cap Rate 9%
$1,678,956
$1.7M
Market Conditions
NOI Build-Up for 3,300 SF
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.
Gross rent
$226.5K $68.64/SF
− Vacancy
−$10.6K −$3.23/SF
EGI
$215.9K $65.41/SF
− OpEx
−$64.8K −$19.62/SF
NOI
$151.1K $45.79/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$68.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,022,120
Cap Rate 7%
$2,158,657
Cap Rate 9%
$1,678,956
Alternative Uses
Best Use
Industrial
$2.16M
$1.89M – $2.52M
NOI $151,106 @ 7.0% cap · market cap 8.39%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.62M
$2.29M – $3.06M
NOI $183,486 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,862
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Equipment rental business for sale in Redwood City, California.
Where is this industrial property located?
The property is located at 416 D St Redwood City, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Established Business: Operating since 1987, demonstrating a long history and stability.; Prime Location in Redwood City, CA, south of San Francisco, offering access to a valuable market.; Diverse Clientele: Serves a wide range of customers, including homeowners, contractors, and large building firms.
