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Property profile & analytics
OFF-MARKET
Mixed-use properties

199 Floo Millbrae, CA 94030

0.42 ac lot Built 1958
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 199 Drive, Unit 2nd Floor, Millbrae, CA, presents a unique leasing opportunity. The entire second floor is available, offering significant flexibility with its subdividable layout. Boasting high visibility and abundant foot traffic, this space is ideally situated for a variety of businesses. Its prime location offers unparalleled convenience, being just a half-mile from Highway 280 and a short five-minute drive to San Francisco International Airport (SFO). The proximity to Millbrae BART and Caltrain stations ensures easy commutes for employees and clients. Ample on-site parking is available, with additional spaces conveniently located across the street. This professional office building benefits from its proximity to the thriving retail and dining options of Burlingame Plaza and Friendship Plaza, and is only a short distance from El Camino Real and downtown Millbrae. The property sits on a 0.42-acre lot. Please note that this building does not have an elevator. The asking price is $19,000. This is an excellent opportunity to establish a presence in a highly desirable and accessible location.

Property profile
Verified
Property type Mixed-use properties
Year built 1958
Lot 0.42 ac (18,295 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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