1218 Burlingame AveBurlingame, CA 94010

Property Details for 1218 Burlingame Ave

Year built

1996

Lot size

0.63 AC

Property size (Sq ft)

16,380 SF

Zone code

C10000

Property type

Retail properties

Property subtype

Retail space

APN

029-152-320

APU

29152320

Description

This exceptional retail property, located at 1218 & 1230 Burlingame Avenue in Burlingame, California, offers a total of 15,000 square feet of commercial space. Currently, the entire building is available for lease, presenting a unique opportunity for a single tenant or multiple tenants. The property consists of two suites, with a minimum divisible space of 5,000 square feet and a maximum contiguous space of 15,000 square feet, providing flexibility for various business needs. Situated in San Mateo County, with a zip code of 94010, this location benefits from high visibility and accessibility. The property's address is 1218 & 1230 Burlingame Ave, Burlingame, CA. This is an ideal opportunity for businesses seeking a prominent presence in a thriving California market. The entire 15,000 square feet is currently vacant, allowing for complete customization to suit a tenant's specific requirements. This prime retail space is ready for immediate occupancy. Contact us today to learn more about leasing this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $17,017,438

  6.5%

  $15,708,405

  7%

  $14,586,376

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,695,482

  Geo Method

  $11,512,735

• Alternative Use

  Use

  Valuation

  Residential

  $13,250,627

  Hospitality

  $12,137,503

  Educational

  $10,098,260

  Medical

  $10,445,555

  Retail

  $15,708,405

Location Insight

City

Burlingame

County

San Mateo

State

California

Latitude

37.5791

Longitude

-122.347

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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