6701 Msn St Daly City, CA 94014-2080
- Office buildings
- 3,884 SF
- 0.05 lot acres
Current Use by Public Records
- Utopia Insurance Services / Insurance Agency
- Resolve Insurance Solutions, LLC / Insurance Agency
- Bay Counties Construction / Contractor
- fox flights / Travel Agency
- Equorx Inc / Medical Clinic
Property Details for 6701 Msn St
- Year built
- 1904
- Lot size
- 0.05 lot acres
- Property size
- 3,884 SF
- Zone code
- C10000
- Property type
- Office buildings
- APN
- 003-122-020
- APU
- 3122020
Description
This exceptional mixed-use building, located at 6701 Mission Street in Daly City, California, presents a compelling value-add investment opportunity. The 3,884 square foot property, situated on a 2,250 square foot lot, boasts a high-visibility corner location with over 18,000 cars passing daily. Currently operating at 95% occupancy with seven tenants, all on month-to-month leases, this presents a significant opportunity to increase rental income. The building features ground floor retail space and a second floor with multiple private offices. Built in 1904, this Class C building is zoned for Light Commercial use, allowing for a wide range of retail and office applications. The asking price is $1,450,000, translating to $373.33 per square foot. Its proximity to the Daly City BART station and Interstate 280 enhances its accessibility and desirability. The long-term tenants provide stability, while the below-market rents offer immediate potential for increased revenue. This property is ideal for both investors seeking to maximize returns and owner-users looking for a strategic location. The property's address is 6701 Mission St, Daly City, CA 94014, with APN 003-122-020.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $265,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $295,000
- Retail
- $280,000
- Mixed-Use
- $240,000
- Hospitality
- $300,000
- Educational
- $305,000
- Residential Income
- $290,000
- Energy
- $280,000
- Income-Based Land
- $245,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Daly City
- County
- San Mateo
- State
- California
- Longitude
- -122.463
- Latitude
- 37.7014
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
