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    Property profile & analytics
    OFF-MARKET Estimated value $52,900,000
    Retail properties & Spaces

    1775 Bayshore Rd, East Palo Alto, CA 94303-2523

    91,907 SF 6.22 ac lot Built 2000
    Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US10-2681438
    Property summary
    AI-generated overview

    Gateway 101 Center, located at 1775 E Bayshore Rd, East Palo Alto, CA 94303, presents a unique opportunity to lease a Class A retail space totaling 50,318 square feet. This single-story building, constructed in 2000, boasts a highly desirable location with excellent visibility and accessibility from US-101. The property is zoned C and features ample parking with 250 spaces available. The entire space is currently vacant, offering a blank canvas for a large-scale retail operation or a multi-tenant development. The property's superior location and the potential to attract regional clientele make it an exceptional investment. With a total building size of 50,318 square feet, the maximum contiguous space available is also 50,318 square feet. The property is situated in San Mateo County (APN: 063-51-1720) and benefits from its proximity to O'Connor Cross Street. The annual property taxes are $6.80 per square foot. This exceptional retail space offers a rare opportunity to establish a significant presence in a thriving market. The property's size and location make it ideal for a variety of retail uses, including grocery, supermarket, department store, restaurant, or a combination thereof. Don't miss this chance to secure a prime retail location in East Palo Alto.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group DEPARTMENT STORE
    Year built 2000
    Total area 91,907 SF
    Lot 6.22 ac (270,798 SF)
    APN 063-511-720
    UPID US10-2681438
    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
    $36.11M
    Comparable Approach Comparable
    $66.62M
    Blend (final) Blend
    $52.90M
    Owner & transaction history
    Bayshore 1771 LLC · 5 yrs held
    Bayshore 1771 LLC
    since 2021
    Last sale
    $53.2M
    2 recorded transactions
    2021
    $53.2M
    2008
    $24.7M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $62.1M +33.0%
    Office building $59.0M +26.1%
    Neighborhood: shopping center $49.6M +6.1%
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