199 Dr Unit 206 Millbrae, CA 94030
This exceptional mixed-use property, located at 199 Drive Unit 206 in Millbrae, California, presents a unique investment opportunity. Boasting a 0.42-acre lot, this building enjoys an unparalleled location, offering unparalleled convenience for commuters and businesses alike. Its prime corner location at California Drive and Murchison Drive provides excellent visibility and accessibility. The property is within walking distance of the Millbrae BART and Caltrain stations, ensuring effortless commutes for employees and clients. Furthermore, the 280 Freeway is just a half-mile away, providing easy access to the broader Bay Area. San Francisco International Airport (SFO) is a mere 5-minute drive. The building features ample on-site parking, supplemented by additional parking directly across the street, eliminating parking concerns for tenants and visitors. The vibrant commercial districts of Burlingame Plaza and Friendship Plaza, across El Camino Real, offer a wealth of dining and shopping options within easy reach. Downtown Millbrae is just a short 3-minute drive away. While the building does not have an elevator, its convenient location and ample parking more than compensate. A special introductory rate is available for the first three months, making this an even more attractive proposition. This property is ideal for businesses seeking a highly accessible and well-situated location in the thriving Millbrae area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.