515 El Camino RealMenlo Park, CA 94025

Property Details for 515 El Camino Real

Lot size

1.92 AC

Zone code

CH00C4

Property type

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.

• CAP approach

  CAP return

  Valuation

  6%

  $54,373,000

  6.5%

  $50,190,400

  7%

  $46,605,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $44,358,800

  Geo Method

  $24,198,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $104,498,000

  Mixed-Use / Specialty

  $47,335,500

  Hospitality / Lodging

  $31,244,600

  Office

  $44,267,100

  Institutional / Educational

  $48,253,500

  Residential Income

  $56,456,600

  Multifamily

  $82,546,100

  Automotive / Energy

  $41,360,100

  Parking / Income-Based Land

  $16,916,700

  Restaurant / Food Service

  $18,908,500

  Healthcare / Senior Housing

  $51,285,900

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

FAQs

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