515 El Camino RealMenlo Park, CA 94025

  • Retail properties
  • 1.92 AC
For Lease

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
515 El Camino Real, Menlo Park, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$56,912
$4,019,723
$978,692
$4,998,415
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FAQs

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