Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Commercial St & Old Country Rd San Carlos, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex/Industrial space available for lease in San Carlos, CA.

    Type:FLEX_R_AND_D
    Property size:
    40,000 SF
    Lot size:
    25.39 Acres
    Added:
    Nov 26, 2024
    Days on Market:
    499
    Last Refresh:
    Apr 5 at 9:07 pm

    Property Features for Commercial St & Old Country Rd

    General Information

    Standard status
    Active
    Size
    40,000 SF
    Lot size
    25.39 Acres
    Property subtype
    FLEX_R_AND_D

    Spaces For Lease

    at Commercial St & Old Country Rd Contact us

    We can help!

    Listing Contact
    Scott W. Miller

    Listing agent Scott W. Miller

    Listing office JLL | Silicon Valley

    Listing date Nov 26, 2024

    Source Moodyscre

    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 JLL | Silicon Valley

    Overview

    San Carlos Flex/Industrial Space

    This flex/industrial property offers 40,000 square feet of space and is available for lease. Contact agent for more information.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    San Carlos
    County
    San Mateo
    State
    California
    Longitude
    -122.276
    Latitude
    37.497

    Nearby Similar for Lease

    • $2/mo

      San Carlos Insulated Warehouse Space

      Insulated warehouse with open floor plan and street frontage.
      551 Taylor Way, San Carlos, CA, 94070
      View Details
    • $2/mo

      Industrial Building with Showroom

      Freestanding industrial building with showroom and Industrial Road frontage.
      191 Industrial Road, San Carlos, CA, 94070
      View Details
    • $3/mo

      Downtown Medical/Office Space Available

      Prime downtown location with treatment rooms and parking.
      961-963 Laurel Street, San Carlos, CA
      View Details
    • $5/mo

      Mixed-Use Property Near Caltrain Station

      Ground-level commercial spaces in new mixed-use building near Caltrain.
      520 El Camino Real, San Carlos, CA 94070
      View Details
    • $5/mo

      Retail Space Near Caltrain Station

      New retail spaces across from San Carlos Caltrain Station.
      520 El Camino Real, San Carlos, CA 94070
      View Details
    • Contact for pricing

      San Carlos Flex/Industrial Space

      Furnished office, labs, warehouse, and parking near Highway 101.
      360 Industrial Road, San Carlos, CA, 94070
      View Details
    • $2/mo

      San Carlos Office/Lab Space

      5,451 SF office and R&D space with warehouse.
      1390 Bayport Ave, San Carlos, CA
      View Details
    • $75/mo

      Retail Space Near Caltrain Depot

      Retail space with high visibility near the San Carlos Caltrain.
      555 El Camino Real, San Carlos, CA
      View Details
    • Contact for pricing

      Retail Space on Highway 101

      Retail opportunity with high visibility on Bayshore Freeway/Highway 101.
      1127 Industrial Road, San Carlos, CA, 94070
      View Details
    • Contact for pricing

      New Office Building Near Highway

      240,000 sq ft office building with highway visibility.
      405 Industrial Road, San Carlos, CA, 94070
      View Details
    • Contact for pricing

      San Carlos Lab/Office Space

      16,800 SF lab/office space in Alexandria life science project.
      1531 Industrial Road, San Carlos, CA 94070
      View Details
    • Contact for pricing

      Life Science Lab Project

      Class A life science lab space available Q4 2025.
      959 & 999 Skyway Road, San Carlos, CA, 94070
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex/Industrial space available for lease in San Carlos, CA.
    Where is this flex space located?
    The property is located at Commercial St & Old Country Rd San Carlos, CA.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: Contact agent for more information
    (650) 480-2200 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Scott W. Miller
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!