0 San Mateo Dr San Mateo, CA 94401
This established preschool, located in the heart of downtown San Mateo, California (zip code 94401), is available for purchase. Licensed to accommodate 35 children (15 infants and 20 preschoolers), this turnkey operation boasts a prime location within a high-density residential and commercial area. The property features fully equipped classrooms and playgrounds, providing a nurturing learning environment. Benefitting from a long-term lease with low rent and convenient freeway access, this preschool presents a strong investment opportunity. The business enjoys a solid reputation within the San Mateo community, known for its family-friendly atmosphere and excellent schools. This sale includes the existing preschool business and its assets. The property is well-maintained and in excellent condition. Consider this opportunity to acquire a profitable, established preschool in a desirable location. An open house is scheduled for Sunday, October 27th, from 12:30 PM to 1:30 PM. The asking price is $650,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.