1010 El Camino RealMenlo Park, CA 94025

Property Details for 1010 El Camino Real

Year built

1989

Lot size

1.44 AC

Property size (Sq ft)

53,807 SF

Zone code

C40000

Property type

Office properties

Property subtype

Office buildings

APN

061-442-400

APU

61442400

Description

This exceptional Class A office space in the prestigious Menlo Center, located at 1010 El Camino Real in Menlo Park, California (zip code 94025), offers a unique opportunity for businesses seeking a prime location. The building totals 9,239 square feet and features two suites, with a total of 5,695 square feet currently vacant. Individual suites range from a minimum of 2,738 square feet to a maximum contiguous space of 2,957 square feet, providing flexibility for various business needs. The property boasts impressive features including large executive offices with beautiful glass lines, multiple offices (four total, three with exterior glass lines), a conference room complete with a balcony, an open office area, and a dedicated storage room. The building offers convenient amenities such as covered and secured parking on two floors, beautifully designed common areas with outdoor seating, and is situated in the heart of downtown Menlo Park. Its strategic location provides easy access to a variety of restaurants, is within walking distance or adjacent to the Menlo Park Train Station, and offers convenient access to major highways and expressways. This is an unparalleled opportunity to establish your business in a highly desirable and well-connected location in San Mateo County.

• CAP approach

  CAP return

  Valuation

  6%

  $27,292,208

  6.5%

  $25,192,808

  7%

  $23,393,322

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,510,548

  Geo Method

  $15,007,310

• Alternative Use

  Use

  Valuation

  Residential

  $31,239,082

  Hospitality

  $28,614,830

  Educational

  $23,807,204

  Medical

  $24,625,970

  Retail

  $37,033,428

Location Insight

City

Menlo Park

County

San Mateo

State

California

Latitude

37.4537

Longitude

-122.182

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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