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    66 21St Ave San Mateo, CA 94403
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    Property profile & analytics

    66 21St Ave, San Mateo, CA 94403

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    • Warehouses
    • 11,000 SF
    • 0.32 lot acres
    Commercial Kitchens for Food Operators For Lease
    $3,795,000

    Commercial Kitchens for Food Operators

    Private commercial kitchens suitable for catering and food preparation businesses.

    66 21st Ave, San Mateo, CA 94403
    View Listing
    Property ID
    US09-0563052
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,795,000
    Cap Rate Potential
    5.1%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Two Spoons Creamery / Grocery & Convenience Store / Specialty Food Shop
    • The Counter Burger / Restaurant
    • HOM Korean Kitchen / Restaurant
    • Big Daddy's Hawaiian BBQ (San Mateo) / Restaurant
    • yumkimbap / Restaurant

    Property Details for 66 21St Ave

    Year built
    1954
    Lot size
    0.32 lot acres
    Zone code
    C40001
    Property type
    Warehouses
    APN
    039-073-440
    APU
    39073440

    Description

    This exceptional 200-square-foot commercial kitchen space, located at 66 21st Ave in San Mateo, California (zip code 94403), presents a fantastic opportunity for food entrepreneurs. Classified as a Class B property within San Mateo County, this retail/restaurant space is currently entirely vacant and ready for immediate occupancy. The kitchen is ideally suited for multiple tenants, offering a turnkey solution for various food businesses. Its compact size makes it perfect for startups, personal chefs, catering companies, food trucks, single-location operators, or national chains seeking expansion. The location in San Mateo provides access to a thriving delivery market, allowing businesses to capitalize on the increasing demand for takeout and delivery services. This property offers a cost-effective way to establish or expand a food-related business with minimal upfront investment and operational overhead. The address is conveniently situated within San Mateo County, offering easy access to major transportation routes and a strong customer base. This is a rare opportunity to secure a fully equipped commercial kitchen in a prime location, allowing for immediate commencement of operations. The space is perfect for those seeking to minimize risk and maximize return on investment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,750,000
      ML approach
      $3,825,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,210,000
      6.5%
      $2,960,000
      7%
      $2,750,000
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $4,210,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $5,935,000
      Change: +41% Conversion: Moderate
      RETAIL STORES
      $5,330,000
      Change: +27% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $5,085,000
      Change: +21% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $4,995,000
      Change: +19% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $3,600,000
      Change: -14% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    San Mateo
    County
    San Mateo
    State
    California
    Longitude
    -122.308
    Latitude
    37.5478
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $93,859
    $2,546,899
    $2,755,691
    $5,302,590
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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