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Property profile & analytics
FOR LEASE
Warehouses

426 Macarthur Ave Redwood City, CA 94063

3,750 SF 0.11 ac lot Built 1981
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1253282
Property summary
AI-generated overview

This exceptional 250-square-foot commercial kitchen space, located at 426 MacArthur Ave in Redwood City, California (zip code 94063), presents a fantastic opportunity for food entrepreneurs. Classified as a Class B property within San Mateo County, this single-tenant retail space is perfect for a variety of culinary ventures. The kitchen is ideally suited for ghost kitchens, catering businesses, food trucks seeking an expanded production area, or established restaurants looking to expand their operations affordably. Its compact size minimizes overhead costs while maximizing efficiency. The kitchen is a turnkey solution, designed for quick and cost-effective setup, allowing businesses to focus on their core operations – food preparation and delivery. This location offers easy access to major transportation routes, ensuring convenient delivery to a large customer base within Redwood City and the surrounding areas. The property's total building size is 200 square feet, with the kitchen occupying the majority of the space. This is an excellent opportunity to establish or expand a food-based business in a thriving market. The property is ready for immediate occupancy.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1981
Total area 3,750 SF
Lot 0.11 ac (5,000 SF)
Zoning code ML00M1
APN 054-233-060
UPID US09-1253282
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
  • Fritz Chin Photography Photography Service (Bike/Boat/Book/etc) Store
  • Asian Bentos Restaurant
  • Cultured Cuisine Restaurant
  • Juice & Vine Cold Pressed Juicery Specialty Food Shop (Bike/Boat/Book/etc) Store
  • Redwood City Eats Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.31M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.37M
Owner & transaction history
Jeffrey J Ira · 5 yrs held
Jeffrey J Ira
since 2020
Last sale
$1.5M
5 recorded transactions
2021
Price N/A
2020
Price N/A
2020
$1.5M
2020
Price N/A
2010
Price N/A
Zoning & alternative use
ML00M1 · Redwood City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $2.0M +64.7%
Commercial (general) $1.7M +41.1%
Auto repair, garage $1.7M +38.7%
Try Rey
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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