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Property profile & analytics
OFF-MARKET
Mixed-use properties

199 Dr Unit 206 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 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.

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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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