Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1405 El Camino Real Redwood City, CA 94063

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1405 El Camino Real Redwood City, CA 94063

    View on Map
    • Retail properties & Spaces
    • 2,756 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Highwater / Real Estate Agency

    Property Details for 1405 El Camino Real

    Property size
    2,756 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 1405 El Camino Real in Redwood City, California, offers two available commercial spaces totaling 2,756 square feet. Currently, the entire building is vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for two separate businesses to lease individual suites. The minimum divisible space is 1,266 square feet, while the maximum contiguous space available is 1,490 square feet. This prime location in San Mateo County, with a zip code of 94063, provides excellent visibility and accessibility on El Camino Real. The property is classified as a multi-tenant retail building. The address is easily accessible and situated within a thriving commercial area of Redwood City. This presents a rare chance to establish a presence in a high-traffic location with significant foot and vehicle traffic. The property's size and layout offer flexibility for a variety of retail businesses. Interested parties are encouraged to inquire about lease terms and conditions. This is an excellent opportunity to secure a prominent retail space in a desirable Redwood City location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Redwood City
    County
    San Mateo
    State
    California
    Longitude
    -122.229
    Latitude
    37.4816

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      706 Arguello St

      Land • 5,000 SF
      706 Arguello St, Redwood City, CA 94063
      View Details
    • Value Estimation by Request
      36,600 SF

      Lathrop St

      Retail properties & Spaces • 36,600 SF
      0 Lathrop St, Redwood City, CA 94063
      View Details
    • Value Estimation by Request
      25,000 SF

      1950 El Camino Real

      Life science properties • 25,000 SF
      1950 El Camino Real, Redwood City, CA 94063
      View Details
    • Value Estimation by Request
      39,509 SF

      2300 Broadway

      Land • 39,509 SF
      2300 Broadway, Redwood City, CA 94063
      View Details
    • Value Estimation by Request
      14,734 SF

      791 Middlefield Rd

      Office Units • 14,734 SF
      791 Middlefield Rd, Redwood City, CA 94063
      View Details
    • Value Estimation by Request
      903 SF

      1001 El Camino Real

      Retail properties & Spaces • 903 SF
      1001 El Camino Real, Redwood City, CA 94063
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,300 SF

      Redwood Rentals Business Opportunity

      Equipment rental business for sale in Redwood City, California.
      416 D St, Redwood City, CA 94063
      View Details
    • Contact for pricing
      9,060 SF

      Redwood City Retail Opportunity

      Retail property in Redwood City, California.
      2300 Broadway St, Redwood City, CA 94063
      View Details
    • Contact for pricing
      3,300 SF

      Redwood City Equipment Rental Business

      Equipment rental and repair business serving the Mid-Peninsula since 1987.
      D St, Redwood City, CA 94063
      View Details
    • Contact for pricing
      2,430 SF

      Redwood City Automotive/Retail Opportunity

      Versatile property suitable for automotive, retail, or service businesses.
      2127 Middlefield Rd, Redwood City, CA 94063
      View Details
    • $1,980,000
      3,961 SF

      2951 Middlefield Road, REDWOOD CITY, CA 94063

      Warehouses • 3,961 SF
      2951 Middlefield Rd, Redwood City, CA 94063
      View Details
    • $490,000

      Prime Corner Lot on Middlefield

      Highly visible corner lot, ideal for various business ventures.
      2798 Middlefield Rd, Redwood City, CA 94063
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,008 SF

      Redwood City Drive-Thru Restaurant

      Drive-thru fast food restaurant building available for lease.
      1001 Veterans Blvd, Redwood City, CA 94063
      View Details
    • Contact for pricing
      107,212 SF

      New Office and Residential Building

      Five-story office and residential building with below-grade parking.
      1201 Main St, Redwood City, CA 94063
      View Details
    • Contact for pricing
      6,713 SF

      Redwood City Office/Retail Space

      Office and retail suites available near downtown and CalTrain.
      1451 El Camino Real, Redwood City, CA 94063
      View Details
    • $3 SF/Yr
      872 SF

      Redwood City Retail Space Available

      Retail space with excellent visibility near Caltrain station.
      208 Marshall St, Redwood City, CA 94063
      View Details
    • Contact for pricing

      Redwood City Commercial Property

      Versatile commercial property in downtown Redwood City with flexible zoning.
      410 Maple St, Redwood City, CA 94063
      View Details
    • Contact for pricing
      1,578 SF

      Redwood City Retail/Restaurant Space

      Ground floor retail and restaurant space in mixed-use development.
      1401 Broadway St, Redwood City, CA 94063
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1405 El Camino Real
    Redwood City, CA 94063
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!