400 Saginaw DrRedwood City, CA 94063

  • Manufacturing properties
  • 60,775 SF

Property Details for 400 Saginaw Dr

Year built
1988
Lot size
3.42 AC
Property size (Sq ft)
60,775 SF
Zone code
TP0000
Property type
Manufacturing properties
APN
054-320-450
APU
54320450

Description

This exceptional 22,000 square foot flex/R&D space is situated within the Britannia Seaport Centre, a 17-building campus totaling over 1 million square feet, located at 400 Saginaw Drive in Redwood City, California, zip code 94063. The property, building number 25, offers a single-tenant occupancy opportunity in a prime San Mateo County location. Built in 1988, the building boasts a total of 60,841 square feet, with the available space ready for immediate occupancy. The property is classified as both office and industrial, perfectly suited for a variety of uses, including research and development, and flexible office configurations. Its convenient location provides easy access to public transportation, with a daily shuttle service connecting the campus to the Caltrain station, ensuring seamless commutes for employees. This presents a unique opportunity to secure a substantial, well-located space within a thriving business community. The property is categorized as a single-tenant space, offering privacy and control. This is an ideal location for businesses seeking a modern, functional space in a well-established and easily accessible area of Redwood City. The property's size and amenities make it an attractive option for companies looking to expand or relocate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $35,284,540
    Hospitality
    $32,320,448
    Educational
    $26,890,234
    Medical
    $27,815,030
    Retail
    $41,829,252

Location Insight

City
Redwood City
County
San Mateo
State
California
Latitude
37.5032
Longitude
-122.219
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
$331,234
$16,740,960
$11,395,457
$28,136,417
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FAQs

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