Property profile

1423 Burlingame Ave Burlingame, CA 94010

FOR LEASE
Retail space
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Property ID
US09-1438872
6,314 SF 0.22 ac Built 1935
Last sale Mar 2022·$8,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
1423 Burlingame Ave, Burlingame, CA 94010 For Lease
$17,550/Mo 3,156 SF available
1423 Burlingame Ave, Burlingame, CA 94010
View Listing

Property summary

AI-generated overview

A 3,156-square-foot retail storefront building constructed in 1935, located in Downtown Burlingame. The property is set up for retail occupancy with a structure characterized as NNN, and features parking behind the building plus on-street parking along the frontage, along with access to a parking lot across the street. The site is positioned near key transportation and commercial corridors, including Caltrain approximately four blocks away and El Camino Real approximately one block away. The property is zoned CL00C1.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$101k
Tax billed · 2024
Assessed value$8.43M
Assessed land$5.20M
Assessed improvement$3.23M
Effective rate1.19%

Value estimate

· Nov 2026
$7.36M
$6.62M – $8.09M
AI approach$6.97M
NOI build-up
Gross scheduled income$95k
Vacancy & credit loss−$4k
Operating expenses−$23k
NOI$68k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$509/SF
County average, outlier-cleaned · 208 recorded sales of this use type
Observed band · Q1–Q3$288 – $725
Qualifying comparables9

Cap rate analysis

How does the asset earn?
$68k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CL00C1
JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store13.6
Storage Facility12.2
Smoke and Vape Shop11.5

Location

1423 Burlingame Ave Burlingame, CA 94010
County assessor Recorded deeds · 12 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1188 El Camino Real, Burlingame, CA 94010-4917 $4,833,500 Dec 2022 6,069 SF
852 Edgehill, Burlingame, CA 94010-3613 $3,802,500 Jun 2022 7,353 SF
261 Park, Burlingame, CA 94010-4205 $6,900,000 Jun 2022 6,277 SF
1136 Broadway, Burlingame, CA 94010-3422 $4,575,000 Apr 2020 6,325 SF
1461 Burlingame, Burlingame, CA 94010-4110 $5,185,000 Mar 2020 5,291 SF
1031 California, Burlingame, CA 94010-3630 $3,400,000 Oct 2019 5,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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