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Financial
Distress signals
Property profile

1641 El Camino Real Millbrae, CA 94030

FOR LEASE
Manufacturing properties
Property ID
US09-1485120
9,040 SF 0.17 ac lot Built 1948
Last sale Jul 2025 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1641 El Camino Real, Millbrae, CA 94030 For Lease
$1,700/Mo
1641 El Camino Real, Millbrae, CA 94030
View Listing

Property summary

AI-generated overview

The property is a specialty commercial space located at 1641 El Camino Real in Millbrae, California 94030. The listing information does not specify the unit configuration or any included improvements. The property is situated in an area with a walk score of 85 and a bike score of 38, indicating a walkable environment with somewhat bikeable access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$442k
Assessed land$164k
Assessed improvement$278k
Effective rate1.74%

Value estimate

· Oct 2026
$295k
$266k – $325k
NOI build-up
Gross scheduled income$497k
Vacancy & credit loss−$111k
Operating expenses−$97k
NOI · 17,031.35% cap applied$290k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$327/SF
County average, outlier-cleaned · 108 recorded sales of this use type
Observed band · Q1–Q3$163 – $485
Qualifying comparables8

Cap rate analysis

How does the asset earn?
17,031.35%
$290k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CL00C1
JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.3
Veterinary Clinic8.6
Florist8.6

Location

1641 El Camino Real Millbrae, CA 94030
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 4 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
370 Adrian, Millbrae, CA 94030-3105 $3,093,000 Jun 2023 19,832 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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