Financial
Distress signals
Property profile

2600 Spring St Redwood City, CA 94063

FOR LEASE
Other warehouses
Property ID
US09-5194282
15,933 SF 0.62 ac lot
Last sale Jan 2014 · $2,220,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 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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Property summary

AI-generated overview

The property in Redwood City is a commercial building configured to support research and development activities, with dedicated R&D spaces and an open polished warehouse-style area. Each unit includes restroom and kitchen facilities. The building provides signage capability and is positioned for access to major routes including Hwy 101, Hwy 280, and Woodside Road. The stated size of the property is 800 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$31k
Tax billed · 2024
Assessed value$2.67M
Assessed land$2.14M
Assessed improvement$529k
Effective rate1.15%

Value estimate

· Sep 2026
$2.07M
$1.86M – $2.27M
NOI build-up
Gross scheduled income$412k
Vacancy & credit loss−$46k
Operating expenses−$128k
NOI · 10,576,977.78% cap applied$238k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$328/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$109 – $579
Qualifying comparables7

Cap rate analysis

How does the asset earn?
10,576,977.78%
$238k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.1
Tailor Shop10.2
Locksmith9.4

Location

2600 Spring St Redwood City, CA 94063
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog · not on file

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

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3005 Spg, Redwood City, CA 94063-3926 $6,050,000 Dec 2025 15,733 SF
517 Bayshore, Redwood City, CA 94063-2717 $3,950,000 Sep 2024 9,888 SF
440 Convention, Redwood City, CA 94063-1407 $1,250,000 Aug 2024 19,468 SF
871 Charter, Redwood City, CA 94063-3004 $620,000 Jun 2024 11,497 SF
3536 Hvn, Redwood City, CA 94063-4603 $800,000 Feb 2024 15,778 SF
939 Broadway, Redwood City, CA 94063-3106 $9,500,000 Sep 2023 10,160 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
6 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?”
More about this property
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