Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1327 Carolan Ave Burlingame, CA 94010-2423
    Back to Search
    Property profile & analytics

    1327 Carolan Ave, Burlingame, CA 94010-2423

    View on Map
    • Manufacturing properties
    • 15,039 SF
    • 0.64 lot acres
    Off-Market
    Property ID
    US09-0024230
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $4,175,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Olde English Garage / Auto Repair Shop
    • Brayer Construction & Design / Construction Company / General Contractor

    Property Details for 1327 Carolan Ave

    Lot size
    0.64 lot acres
    Zone code
    M10000
    Property type
    Manufacturing properties
    APN
    026-121-090
    APU
    26121090

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 1, 2005 — Brayer LLC Brayer Ptshp Quit Claim Deed —
    Jan 31, 2005 $2,130,000 Ptshp Brayer Olson,norman J Grant Deed $554k · Bank Of America
    Jun 17, 1996 $55,000 Norman J Olson Sprock,dale W Grant Deed —
    Sep 1, 1988 $208,000 Dale Sprock Olson,n. Grant Deed —
    May 6, 1988 $935,000 Norman Olson Schne Grant Deed $700k · American Savings Bank
    — — Carolan LLC — Deed Of Trust · related $355k · Bank Of The West

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,015,000
      Market price range: $2.45M - $7.30M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $4,920,000
      Current use
      COMMERCIAL (GENERAL)
      $6,950,000
      Change: +41% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $6,830,000
      Change: +39% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $5,705,000
      Change: +16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Burlingame
    County
    San Mateo
    State
    California
    Longitude
    -122.366
    Latitude
    37.5895
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $34,203
    $2,692,168
    $218,646
    $2,910,814
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,655,000
      38,720 SF

      1575 Adrian Rd

      MANUFACTURING (LIGHT)
      1575 Adrian Rd, Burlingame, CA 94010-2107
      View Details
    • Value Estimation
      $3,700,000
      11,660 SF

      828 Mahler Rd

      MANUFACTURING (LIGHT)
      828 Mahler Rd, Burlingame, CA 94010-1632
      View Details
    • Value Estimation by Request
      9,510 SF

      1699 Bayshore Hwy

      CANNERY
      1699 Bayshore Hwy, Burlingame, CA 94010-1512
      View Details
    • Value Estimation
      $4,985,000
      19,280 SF

      887 Mitten Rd

      MANUFACTURING (LIGHT)
      887 Mitten Rd, Burlingame, CA 94010-1303
      View Details
    • Value Estimation
      $8,700,000
      88,390 SF

      1655 Rollins Rd

      MANUFACTURING (LIGHT)
      1655 Rollins Rd, Burlingame, CA 94010-2301
      View Details
    • Value Estimation
      $4,825,000
      15,230 SF

      808 Burlway Rd

      MANUFACTURING (LIGHT)
      808 Burlway Rd, Burlingame, CA 94010-1719
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,691 SF

      Millbrae Food Processing/Distribution Facility

      Free-standing facility with commercial kitchen and covered dock platform.
      370 Adrian Rd, Millbrae, CA 94010
      View Details
    • $3,798,000
      6,318 SF

      Burlingame Mixed-Use Investment Opportunity

      Mixed-use property with residential and commercial units in prime location.
      Edgehill Dr, Burlingame, CA 94010
      View Details
    • $6,500,000
      10,712 SF

      Burlingame Apartment Building For Sale

      11-unit apartment building in downtown Burlingame, excellent location.
      Floribunda Ave, Burlingame, CA 94010
      View Details
    • $3,695,000
      7,182 SF

      Burlingame Multifamily Investment Opportunity

      Six-unit multifamily property in a desirable Burlingame location.
      2 Arundel Rd, Burlingame, CA 94010
      View Details
    • Contact for pricing
      64,740 SF

      Move-In Ready Office Space

      Office suites available near SFO with Bay and City views.
      851 Burlway Rd, Burlingame, CA 94010
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,737 SF

      Burlingame Flex/Industrial Space Available

      Flex and industrial space available for lease in Burlingame.
      2-42 Adrian Ct, Burlingame, CA 94010
      View Details
    • Contact for pricing

      Burlingame Warehouse with Truck Staging

      Warehouse near Highway 101 & SFO with truck staging.
      25 Ingold Rd, Burlingame, CA 94010
      View Details
    • Contact for pricing
      17,954 SF

      Burlingame Warehouse Space Available

      17,954 SF warehouse with office space for lease.
      880 Stanton Rd, Burlingame, CA 94010
      View Details
    • Contact for pricing
      56,899 SF

      Industrial Space Near Transportation Hubs

      Industrial property with excellent access to transportation and highways.
      1635 Rollins Rd, Burlingame, CA 94010
      View Details
    • Contact for pricing
      5,000 SF

      Burlingame Flex Space Available

      Flex space with office and lab environment near transportation.
      1828 El Camino Real, Burlingame, CA 94010
      View Details
    • Contact for pricing
      98,240 SF

      Burlingame Warehouse Space Available

      98,240 sqft warehouse/industrial space for lease in Burlingame.
      25-35 Ingold Rd, Burlingame, CA 94010
      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.
    1327 Carolan Ave
    Burlingame, CA 94010-2423
    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

    Thank You for Inquiry
    1327 Carolan Ave, Burlingame, CA, 94010
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!