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Property profile & analytics
OFF-MARKET Estimated value $825,000
Retail space

940 Old County Rd Belmont, CA 94002-2725

2,350 SF 0.17 ac lot Built 1960
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2236923
Property summary
AI-generated overview

This exceptional 2,750-square-foot executive office building is available for lease in Belmont, California. Located at 940 Old County Road, zip code 94002, this single-tenant property boasts a completely remodeled interior and exterior, completed in 2022. The building offers ample parking with 13 spaces available for tenants and their guests. The property is situated in San Mateo County and presents a turnkey solution for businesses seeking a modern and efficient workspace. The entire 2,750 square feet is currently vacant and ready for immediate occupancy. This is an excellent opportunity for a company seeking a prestigious and well-maintained office space in a desirable location. The property's updated features and convenient parking make it an attractive option for businesses of all sizes. The address is easily accessible, offering convenient access to major transportation routes and local amenities. This executive office space provides a professional and productive environment for any business. The building's modern design and updated amenities create a welcoming and efficient workspace. The single-tenant occupancy ensures privacy and control over the entire space.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 2,350 SF
Lot 0.17 ac (7,214 SF)
APN 040-311-100
UPID US09-2236923
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
  • LuxCreo Inc. Production Facility (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$925k
Comparable Approach Comparable
by Request
Blend (final) Blend
$825k
Owner & transaction history
Taco Maria Holdings LLC · 1 yrs held
Taco Maria Holdings LLC
since 2025
7 recorded transactions
2025
$1.5M
2018
Price N/A
2017
Price N/A
2017
$1.8M
2010
Price N/A
2005
$600,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.3M +6.1%
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