2985 Fair Oaks AveRedwood City, CA 94063

  • Industrial properties
  • 9,410 SF
For Sale
$3,887,000 View listing

Property Details for 2985 Fair Oaks Ave

Year built
1985
Lot size
0.34 AC
Property size (Sq ft)
9,410 SF
Zone code
ML00M1
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
060-011-120
APU
60011120

Description

This vacant, single-tenant industrial warehouse in Redwood City, CA (94063), offers 9,410 square feet of flexible space ideal for owner-occupiers. Located at 2985 Fair Oaks Ave, this property boasts approximately 20% office build-out and 80% warehouse space, perfect for a variety of uses. The building, constructed in 1980, features an 18-foot clear height, two 14x14 grade-level roll-up doors, and a bonus mezzanine area (not included in the gross building area). Power is provided by a 400-amp, 460-volt, 3-phase system. The property sits on a 15,000 square foot lot and is zoned for Industrial Mixed-Use, as designated in the North Fair Oaks Community Plan. Its convenient location offers easy access to Highway 101 and Woodside Road, providing excellent transportation links. The asking price for this exceptional owner-user opportunity is $3,887,000. The Assessor's Parcel Number (APN) is 060-011-120. This is a rare chance to acquire a well-situated industrial property in a thriving San Mateo County location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,463,225
    Hospitality
    $5,004,285
    Educational
    $4,163,506
    Medical
    $4,306,696
    Retail
    $6,476,566
2985 Fair Oaks Ave, Redwood City, California
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Location Insight

City
Redwood City
County
San Mateo
State
California
Latitude
37.4795
Longitude
-122.204
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$37,491
$2,992,489
$284,456
$3,276,945
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