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Property profile & analytics
OFF-MARKET Estimated value $34,695,000
Retail space

2665 Geneva Ave Daly City, CA 94014-1563

140,945 SF 1.05 ac lot Built 2009
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1265091
Property summary
AI-generated overview

This exceptional 1,610 square foot mixed-use property at 2665 Geneva Avenue in Daly City, California (zip code 94014), offers a rare opportunity for businesses seeking a prominent location in San Mateo County. Currently, the entire space is vacant and available for lease, offering flexibility for tenants needing between 466 and 1,144 contiguous square feet. The property is categorized as retail and office space, specifically suited for executive office use. Situated in a thriving neighborhood, this building benefits from its proximity to the Cow Palace and is experiencing increased demand due to the growth of biotech companies in South San Francisco. The building itself is part of a larger mixed-use complex, featuring 72 residential units above the ground floor retail space, ensuring a vibrant and active environment. This presents a unique chance to establish a presence in a rapidly developing area with excellent visibility and accessibility. The property's multiple tenancy allows for diverse business configurations, making it ideal for a variety of uses. New ownership has recently taken over, signaling a commitment to modernization and improvements. This is a truly exceptional opportunity to secure prime commercial space in a high-growth area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2009
Total area 140,945 SF
Lot 1.05 ac (45,636 SF)
APN 005-064-250
UPID US09-1265091
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
Current use
Occupant on record · Public records
  • M G Properties Property Management Company
  • Pacific Place Apartments Apartment Complex Apartment Building
  • Domino's Pizza Take-out & Catering
  • Tree House» - Fine Reclaimed Wood Products Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$36.53M
Comparable Approach Comparable
by Request
Blend (final) Blend
$34.70M
Owner & transaction history
Geneva Pacific Place Property LLC · 5 yrs held
Geneva Pacific Place Property LLC
since 2021
Last sale
$33.6M
7 recorded transactions
2021
$33.6M
2017
Price N/A
2012
$20.4M
2010
$15.0M
2010
$16.9M
2009
Price N/A
2006
$7.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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