400 Airport BlvdSouth San Francisco, CA 94080

  • Retail properties
  • 5,396 SF
For Lease

Property Details for 400 Airport Blvd

Year built
1965
Lot size
0.46 AC
Property size (Sq ft)
5,396 SF
Zone code
MH00M2
Property type
Retail properties
Property subtype
Banks
APN
015-141-160
APU
15141160

Description

This exceptional 5,124 square foot commercial property, located at 400 S Airport Blvd in San Mateo County, presents a unique investment opportunity. The single-tenant building, constructed in 1965, sits on a 0.46-acre lot and offers versatile space suitable for executive offices, flex space, or retail uses. The property boasts 24 designated off-street parking stalls and a convenient drive-through feature. Its strategic location provides easy access to major transportation arteries, including US 101, I-280, and I-380, placing it within close proximity to San Francisco International Airport (SFO) and CalTrain. The building is equipped with robust power (3-phase, 400 amps) and is zoned T6UC (T6 Urban Core), allowing for a variety of commercial uses. The entire 5,124 square feet is currently vacant, providing immediate occupancy for a new tenant. This property offers a rare combination of location, accessibility, and ample space, making it an ideal choice for businesses seeking a prominent presence in a high-demand area. The lease price is available upon request. The property's size and zoning provide significant flexibility for a wide range of commercial ventures. Its proximity to SFO and public transportation ensures convenient access for employees and clients alike.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,605,989
    6.5%
    $5,174,759
    7%
    $4,805,134
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,817,632
    Geo Method
    $3,792,596
  • Alternative Use

    Use
    Valuation
    Residential
    $4,365,103
    Hospitality
    $3,998,411
    Educational
    $3,326,631
    Medical
    $3,441,039
    Retail
    $5,174,759
400 Airport Blvd, South San Francisco, California

Location Insight

City
South San Francisco
County
San Mateo
State
California
Latitude
37.6427
Longitude
-122.404
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
$49,024
$4,131,000
$51,000
$4,182,000
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FAQs

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