Technical
Financial
Distress signals
Property profile

1239 Laurel St San Carlos, CA 94070

OFF-MARKET
Retail space
Property ID
US09-1188475
0.04 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional storefront property, located at 1239 Laurel Street in the heart of downtown San Carlos, presents a fantastic investment or owner-user opportunity. Boasting approximately 1,400 square feet of versatile space, this vacant unit is perfect for a variety of businesses. The open floor plan allows for customization to suit your specific needs, whether it's a retail shop, office space, or another commercial venture. The property features 40 feet of street frontage with large display windows, ensuring excellent visibility and natural light. This high-traffic location benefits from its proximity to numerous restaurants, shops, and entertainment venues, making it an ideal spot to attract customers. Conveniently situated near US-101, with easy access from the Holly Street and Whipple Avenue exits, the property also enjoys excellent public transportation access, including nearby Caltrain and bus stops. This ensures accessibility for employees and customers from throughout the Bay Area. The property sits on a 1,600 square foot lot and is zoned MU-SB, offering significant potential. The asking price is $1,099,000. APN: 051-336-050. This is a rare opportunity to establish your business in a thriving downtown San Carlos location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.04 ac (1,600 SF)
APN 051-336-050
UPID US09-1188475

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

1239 Laurel St San Carlos, CA 94070-5015
San Carlos metro Census 609201 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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