940 Old County RdBelmont, CA 94002

Property Details for 940 Old County Rd

Year built

1960

Lot size

0.17 AC

Property size (Sq ft)

2,350 SF

Property type

Retail space

APN

040-311-100

APU

40311100

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,441,452

  6.5%

  $2,253,648

  7%

  $2,092,673

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,969,132

  Geo Method

  $1,651,705

• Alternative Use

  Use

  Valuation

  Residential

  $1,901,036

  Hospitality

  $1,741,339

  Educational

  $1,448,774

  Medical

  $1,498,599

  Retail

  $2,253,648

Location Insight

City

Belmont

County

San Mateo

State

California

Latitude

37.5216

Longitude

-122.276

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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