1601 El Camino RealBelmont, CA 94002

Property Details for 1601 El Camino Real

Lot size

1.59 AC

Property size (Sq ft)

13,557 SF

Property type

Retail properties

Property subtype

Retail space

APN

045-252-100

APU

45252100

Description

This Belmont, CA property, located at 1601 El Camino Real (APN 045-242-100), offers three available office spaces ideal for businesses seeking flexible lease terms. The spaces range in size from 680 to 1,998 square feet, catering to a variety of needs. The property is classified as both traditional and creative office space, suitable for diverse business types. Its prime location on El Camino Real in Belmont, CA (zip code 94002) ensures high visibility and easy access to major transportation arteries, including Highways 101 and 280, as well as El Camino Real itself. The property features ample parking in a private lot, a significant advantage for employees and clients. The location also benefits from proximity to numerous shops and restaurants in both Belmont and nearby San Carlos, offering convenience and amenities for occupants. Large signage opportunities further enhance the visibility and marketing potential of this exceptional commercial space. The property is suitable for multiple tenants. This is a retail and office property.

• CAP approach

  CAP return

  Valuation

  6%

  $14,084,579

  6.5%

  $13,001,150

  7%

  $12,072,497

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,128,732

  Geo Method

  $9,528,581

• Alternative Use

  Use

  Valuation

  Residential

  $10,966,957

  Hospitality

  $10,045,673

  Educational

  $8,357,882

  Medical

  $8,645,323

  Retail

  $13,001,150

Location Insight

City

Belmont

County

San Mateo

State

California

Latitude

37.5147

Longitude

-122.269

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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