Flex Space with Roll-Up
For Sale
Contact for pricing
937 Bransten RD, San Carlos, CA 94070
Office and warehouse areas are complemented by dedicated parking, two bathrooms, and an updated kitchen.
Property Size4,000 SF
Price / SF$2.75
Days on Market45
Property Features for 937 Bransten RD
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
3
Zoning
IH
Additional Details
Highway Access
Yes
Property Use
Office/Warehouse
Amenities
updated kitchen
two bathrooms
multiple offices/meeting areas
Building Details
Year Built
1966
Construction
tilt-up concrete
Tenancy
Multi
Listing Agency:
Vision Real Estate
(650) 591-5300
Listed By:
Jesse Gutierrez · License #01187448
(650) 670-7059
Source:
Giuffreproperties
Added: Sep 17
Changed: Oct 28
Last Checked: Oct 28 at 4:17PM
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 Vision Real Estate
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.
This 4,000-square-foot flex space is in a multi-tenant industrial building constructed in 1966. The layout combines open warehouse area with several offices and meeting spaces. Improvements include a new entry door, updated electrical service, a refreshed kitchen, two bathrooms, and a recently installed 12-foot roll-up door. The unit has its own air-conditioning system and three assigned parking spaces.
The property is near Highway 101 and downtown San Carlos, with life science and research and development projects in the surrounding area. Building-wide work includes a resurfaced parking area, upgraded lighting, and replacement roll-up doors. IH zoning accommodates a range of industrial activity, including manufacturing and assembly, as well as ancillary office and small-scale retail uses.
The property is near Highway 101 and downtown San Carlos, with life science and research and development projects in the surrounding area. Building-wide work includes a resurfaced parking area, upgraded lighting, and replacement roll-up doors. IH zoning accommodates a range of industrial activity, including manufacturing and assembly, as well as ancillary office and small-scale retail uses.
Key Highlights
- 4,000‑square‑foot flex space with open warehouse area and multiple offices and meeting areas
- Recently installed 12‑foot roll‑up door
- IH (Heavy Industrial) zoning; manufacturing, assembly, warehouse, and flex‑space uses are among those accommodated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$158,654
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,173,080
$3.2M
Cap Rate 7%
$2,266,486
$2.3M
Cap Rate 9%
$1,762,822
$1.8M
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$274.6K $68.64/SF
− Vacancy
−$30.5K −$7.62/SF
EGI
$244.1K $61.02/SF
− OpEx
−$85.4K −$21.36/SF
NOI
$158.7K $39.66/SF
Area
San Mateo County, CA
Vacancy
11.10%
Lease Rate
$68.64 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,173,080
Cap Rate 7%
$2,266,486
Cap Rate 9%
$1,762,822
Alternative Uses
Best Use
Warehouse
$3.18M
$2.78M – $3.71M
NOI $222,407 @ 7.0% cap · market cap 2,021.88%
Second Best
Industrial
$2.62M
$2.29M – $3.05M
NOI $183,159 @ 7.0% cap · market cap 1,665.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,711
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94070, CA
31,585
Population
11,958
Households
2.6
Avg Household Size
42
Median Age
68%
College-Educated
97%
High-School Grad
6.1 sq mi
ZIP Area
5,178
Density / Sq Mi
$235,373
Median Household Income
$118,194
Median Earnings
$2,802
Median Rent
$2,000,001
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Restaurants On The Run — 820 american st, san carlos, ca 94070
- Four Star Private Chefs — 751 laurel st, san carlos, ca 94070
- Waiter On the Run — 637 laurel st, san carlos, ca 94070
- In Your Kitchen with Chef Johanna — and surrounding cities, 300 Elm St, San Carlos, CA 94070
- Nob Hill Catering — 601 Taylor Way, San Carlos, CA 94070
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas are complemented by dedicated parking, two bathrooms, and an updated kitchen.
Where is this flex space located?
The property is located at 937 Bransten RD San Carlos, CA.
What are key features of this property?
This property features: 4,000‑square‑foot flex space with open warehouse area and multiple offices and meeting areas; Recently installed 12‑foot roll‑up door; IH (Heavy Industrial) zoning; manufacturing, assembly, warehouse, and flex‑space uses are among those accommodated
