1727 Marco Polo Way Burlingame, CA 94010
- Apartment buildings
- 19,770 SF
- 0.57 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 1727 Marco Polo Way
- Year built
- 1957
- Lot size
- 0.57 lot acres
- Property size
- 19,770 SF
- Property type
- Apartment buildings
- APN
- 025-142-070
- APU
- 25142070
Description
This exceptional commercial property, located at 1727 Marco Polo Way in Burlingame, California, presents a unique investment opportunity. Boasting a substantial 19,770 square feet of space, this property sits on a sizable 0.57-acre lot, offering ample room for expansion or outdoor activities. Its prime Burlingame location provides excellent visibility and accessibility, making it an attractive option for a wide range of businesses. The property's versatile design allows for customization to suit diverse operational needs. The building's current configuration is adaptable and can be easily modified to accommodate various layouts and functionalities. The generous lot size offers potential for future development or expansion, providing significant long-term value. Given its size and location, this property is well-suited for businesses seeking a prominent presence in the thriving Burlingame market. The asking price of $4,485,000 reflects the property's significant potential and strategic location within a highly desirable area. Serious inquiries are encouraged to explore the possibilities this exceptional commercial property offers. This is a rare opportunity to acquire a substantial commercial space in a prime Burlingame location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $475,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $580,000
- 6.5%
- $525,000
- 7%
- $550,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $535,000
- Geo Method
- $525,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $550,000
- Retail
- $540,000
- Mixed-Use
- $620,000
- Hospitality
- $650,000
- Educational
- $480,000
- Residential Income
- $580,000
- Energy
- $550,000
- Income-Based Land
- $545,000
- Food Service
- $630,000
Location Insight
- Map
- Local Demand
- City
- Burlingame
- County
- San Mateo
- State
- California
- Longitude
- -122.385
- Latitude
- 37.5899
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA