515 El Camino RealMenlo Park, CA 94025
- Retail properties
- 1.92 AC
Property Details for 515 El Camino Real
- Lot size
- 1.92 AC
- Zone code
- CH00C4
- Property type
- Retail properties
- Property subtype
- Parking lots & garages
- APN
- 071-332-130
- APU
- 71332130
Description
This exceptional retail property, located at 515 El Camino Real in Menlo Park, California, offers 8,418 square feet of commercial space. Currently, a single suite encompassing 2,543 square feet is available for lease. The property is situated in the highly desirable San Mateo County, within the 94025 zip code, providing excellent visibility and accessibility. Its prime location on El Camino Real ensures high foot traffic and exposure to a substantial customer base. The building's single-suite configuration offers flexibility for a variety of retail businesses seeking a prominent presence in this thriving market. The available space presents a unique opportunity for businesses looking to establish or expand their operations in a prime Menlo Park location. With its convenient access and high visibility, this property is ideally suited for a range of retail uses. The substantial square footage provides ample room for inventory, display, and customer interaction. This is a rare opportunity to secure a significant retail presence on one of Menlo Park's most sought-after commercial thoroughfares. The property's location offers easy access to major transportation routes, ensuring convenient access for both employees and customers. Don't miss this chance to secure a prime retail space in a vibrant and affluent community. Contact us today to learn more about leasing this exceptional property.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $62,201,812
- 6.5%
- $57,417,056
- 7%
- $53,315,840
-
Comparable approach
- Method
- Valuation
- Relative Method
- $107,484,744
- Geo Method
- $58,634,124
-
Alternative Use
- Use
- Valuation
- Residential
- $48,433,436
- Hospitality
- $44,364,768
- Educational
- $36,910,964
- Medical
- $38,180,392
- Retail
- $57,417,056
Location Insight
- City
- Menlo Park
- County
- San Mateo
- State
- California
- Latitude
- 37.4504
- Longitude
- -122.178
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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