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    Property profile & analytics

    959 El Camino Real Millbrae, CA 94030

    • Retail space
    • 28,284 SF
    • 1.81 lot acres
    For Lease
    View listing
    Value Estimation
    $19,635,000
    Last Sale
    Jan 16, 2024
    $19,575,000
    Location Intelligence
    Property ID
    US09-1341310
    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.

    Current Use by Public Records

    • Primo Water Exchange / Bottled Water Supplier
    • OfficeMax / Shipping And Mailing
    • Spirit Halloween / Costume Store / Party Store

    Property Details for 959 El Camino Real

    Lot size
    1.81 lot acres
    Property size
    28,284 SF
    Zone code
    CL00C1
    Property type
    Retail space
    APN
    021-364-080
    APU
    21364080

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $19,575,000

    • CAP approach

      CAP return
      Estimation
      6%
      $19,675,000
      6.5%
      $20,500,000
      7%
      $19,325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $21,680,000
      Geo Method
      $19,800,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $17,085,000
      Retail
      $19,890,000
      Mixed-Use
      $18,425,000
      Hospitality
      $20,590,000
      Educational
      $19,550,000
      Residential Income
      $17,990,000
      Energy
      $16,585,000
      Income-Based Land
      $19,430,000
      Food Service
      $21,925,000

    Location Insight

    • Map
    • Local Demand
    City
    Millbrae
    County
    San Mateo
    State
    California
    Longitude
    -122.397
    Latitude
    37.6051
    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
    2023
    $31,597
    $883,669
    $1,723,765
    $2,607,434
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      365 El Camino Real

      RETAIL STORES (PERSONAL SERVICES) • 0.13 Acres
      365 El Camino Real, Millbrae, CA 94030-2609
      View Details
    • Value Estimation by Request
      2,350 SF

      309 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 2,350 SF
      309 Broadway, Millbrae, CA 94030-2509
      View Details
    • Value Estimation by Request
      1,200 SF

      230 Broadway

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      230 Broadway, Millbrae, CA 94030-2508
      View Details
    • Value Estimation by Request
      0.12 Acres

      301 Broadway, Unit 307

      RETAIL STORES (PERSONAL SERVICES) • 0.12 Acres
      301 Broadway, Millbrae, CA 94030-2509
      View Details
    • Value Estimation
      $2,695,000
      0.17 Acres

      1781 El Camino Real

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
      1781 El Camino Real, Millbrae, CA 94030-1215
      View Details
    • Value Estimation by Request
      3,020 SF

      1655 El Camino Real

      RETAIL STORES (PERSONAL SERVICES) • 3,020 SF
      1655 El Camino Real, Millbrae, CA 94030-1214
      View Details

    Similar Nearby for Sale

    • $7,500,000
      21,691 SF

      Millbrae Food Processing/Distribution Facility

      Free-standing facility with commercial kitchen and covered dock platform.
      370 Adrian Rd, Millbrae, CA 94030
      View Details
    • Contact for pricing
      1.11 Acres

      Millbrae Mixed-Use Retail Space

      High-Visibility Retail Space, Excellent Location
      979 Unit 103, Millbrae, CA 94030
      View Details
    • $3,390,000
      6,200 SF

      Mixed-Use Development Site Near Transit

      Prime development site near transit for mixed-use building.
      186 El Camino Real, Millbrae, CA 94030
      View Details
    • Contact for pricing
      0.42 Acres

      Millbrae Mixed-Use Space For Lease

      High-Visibility, Subdividable Office Space
      199 Floo, Millbrae, CA 94030
      View Details
    • $1,400,000

      Large Vacant Lot in Millbrae

      0.81-acre vacant lot with potential to build dream home.
      15 Mullins Ct, Millbrae, CA 94030
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    • $2,688,000
      6,390 SF

      Millbrae Multifamily Investment Opportunity

      Well-maintained 6-unit apartment building near downtown Millbrae.
      432 Richmond Dr, Millbrae, CA 94030
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      17,210 SF

      Retail Space in Mixed-Use Community

      Prime retail space in Millbrae's mixed-use community, available Q1 2027.
      959 El Camino Real, Millbrae, CA 94030
      View Details
    • $20 SF/Yr
      1,000 SF

      Millbrae Retail Space Available

      1,000 sq ft Bay Area retail space
      979 Broadway, Millbrae, CA 94030
      View Details
    • $7,158 /Mo

      Downtown Retail Space For Rent

      1688 sqft retail space in a bustling downtown district.
      979 Broadway 103, Millbrae, CA 94030
      View Details
    • $3,500 /Mo

      Retail Space Near Transit Hub

      Retail space available near BART and Caltrain with parking.
      9 El Camino Real A, Millbrae, CA 94030
      View Details
    • Contact for pricing
      2,900 SF

      Retail Space in Friendship Plaza

      Sublease retail space with existing ATM in Millbrae, CA.
      135 S El Camino Real, Millbrae, CA 94030
      View Details
    • Contact for pricing
      49,683 SF

      Retail Space in Millbrae

      Retail property available for lease in Millbrae, California.
      45 Murchison Dr, Millbrae, CA 94030
      View Details
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    959 El Camino Real
    Millbrae, CA 94030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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