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    Property profile & analytics
    OFF-MARKET Estimated value $9,180,000
    Retail space

    1761 Bayshore Rd, East Palo Alto, CA 94303-2523

    30,978 SF 2.65 ac lot
    Entity Owned 15-yr Hold Absentee Owner Free & Clear
    Property ID
    US10-2351631
    Property summary
    AI-generated overview

    This exceptional retail property, located at 1761 E Bayshore Rd in East Palo Alto, California, offers a substantial 30,978 square feet of vacant space, perfect for a single tenant. Situated in San Mateo County, zip code 94303, this property boasts ample parking, a significant advantage for customers and employees. The building's classification is retail commercial, making it ideal for a wide range of businesses seeking a prominent location. The entire space is currently available for lease, presenting a unique opportunity for a business to establish a substantial presence in a growing area. With its generous square footage and ample parking, this property is well-suited for businesses requiring significant space and convenient customer access. The property's location in East Palo Alto offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strategic location within San Mateo County. The single-tenant occupancy ensures complete control and customization of the space, allowing for a tailored fit-out to meet specific business needs. Interested parties are encouraged to inquire about lease terms and conditions. This is a rare opportunity to secure a large, well-located retail space in a thriving California market. The property's size and ample parking make it a highly desirable location for a variety of retail businesses.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Total area 30,978 SF
    Lot 2.65 ac (115,388 SF)
    APN 063-511-520
    UPID US10-2351631
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $12.17M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $9.18M
    Owner & transaction history
    Avery H Smith & Co · 15 yrs held
    Avery H Smith & Co
    since 2011
    3 recorded transactions
    2011
    $11.8M
    2008
    $10.9M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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