2665 Geneva AveDaly City, CA 94014

Property Details for 2665 Geneva Ave

Year built

2009

Lot size

1.05 AC

Property size (Sq ft)

140,945 SF

Property type

Retail properties

Property subtype

Retail space

APN

005-064-250

APU

5064250

Description

This exceptional 1,610 square foot mixed-use property at 2665 Geneva Avenue in Daly City, California (zip code 94014), offers a rare opportunity for businesses seeking a prominent location in San Mateo County. Currently, the entire space is vacant and available for lease, offering flexibility for tenants needing between 466 and 1,144 contiguous square feet. The property is categorized as retail and office space, specifically suited for executive office use. Situated in a thriving neighborhood, this building benefits from its proximity to the Cow Palace and is experiencing increased demand due to the growth of biotech companies in South San Francisco. The building itself is part of a larger mixed-use complex, featuring 72 residential units above the ground floor retail space, ensuring a vibrant and active environment. This presents a unique chance to establish a presence in a rapidly developing area with excellent visibility and accessibility. The property's multiple tenancy allows for diverse business configurations, making it ideal for a variety of uses. New ownership has recently taken over, signaling a commitment to modernization and improvements. This is a truly exceptional opportunity to secure prime commercial space in a high-growth area.

• CAP approach

  CAP return

  Valuation

  6%

  $63,646,716

  6.5%

  $58,750,812

  7%

  $54,554,328

• Comparable approach

  Method

  Valuation

  Relative Method

  $77,577,792

  Geo Method

  $99,063,648

• Alternative Use

  Use

  Valuation

  Residential

  $49,558,508

  Hospitality

  $45,395,328

  Educational

  $37,768,380

  Medical

  $39,067,292

  Retail

  $58,750,812

Location Insight

City

Daly City

County

San Mateo

State

California

Latitude

37.7077

Longitude

-122.416

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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