648 El Camino RealRedwood City, CA 94063

Property Details for 648 El Camino Real

Lot size

0.37 AC

Zone code

CH00CG

Property type

Office properties

Property subtype

Office buildings

APN

052-191-250

APU

52191250

Description

This exceptional office property, located at 648 El Camino Real in Redwood City, California, offers a unique opportunity for businesses seeking high-visibility space. The single, two-story building, constructed in 1956, comprises 3,897 square feet of Class C office and retail space, currently entirely vacant and available for lease. Multiple suites are available, ranging from a minimum of 536 square feet to a maximum contiguous space of 1,240 square feet. The property boasts abundant natural light and attractive glass frontage, providing excellent signage opportunities along the busy El Camino Real corridor. Ample parking is available on-site, with 20 spaces designated for tenants and visitors. This location offers unparalleled convenience, situated near the vibrant downtown Redwood City business district and the Caltrain station, providing easy access to public transportation. Furthermore, the property benefits from excellent freeway access to US-101, ensuring seamless commutes for employees and clients. All suites permit office or retail uses. This is an ideal location for businesses seeking high visibility and convenient access to major transportation routes and amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $8,266,738

  6.5%

  $7,630,836

  7%

  $7,085,776

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,332,874

  Geo Method

  $4,545,675

• Alternative Use

  Use

  Valuation

  Residential

  $9,462,236

  Hospitality

  $8,667,358

  Educational

  $7,211,140

  Medical

  $7,459,142

  Retail

  $11,217,329

Location Insight

City

Redwood City

County

San Mateo

State

California

Latitude

37.4879

Longitude

-122.237

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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