611 Gateway BlvdSouth San Francisco, CA 94080

  • Office properties
  • 280,354 SF
For Lease
$7.08/SF/YR View listing

Property Details for 611 Gateway Blvd

Year built
2002
Lot size
5.19 AC
Property size (Sq ft)
280,354 SF
Property type
Office properties
Property subtype
Office buildings
APN
015-024-380
APU
15024380

Description

This Class A office building, located at 611 Gateway Blvd, Suite 120, South San Francisco, CA 94080, offers 30,000 square feet of versatile workspace in San Mateo County. The property features a variety of options, including traditional office spaces, executive suites, coworking areas, and creative office layouts, catering to diverse business needs. Units range from a minimum of 50 square feet to a maximum contiguous space of 1,300 square feet, with a total of 350 suites. Currently, 5,650 square feet of space is available. The building underwent renovations in 2019 and includes elevators for convenient access. Whether your business requires a single executive suite or a larger collaborative workspace, this location provides flexible options to accommodate various team sizes and preferences. The building's prime location in South San Francisco offers easy access to major transportation routes and amenities. This is an exceptional opportunity to secure high-quality office space in a thriving business environment. The building offers multiple tenancy options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $86,151,496
    6.5%
    $79,524,456
    7%
    $73,844,136
  • Comparable approach

    Method
    Valuation
    Relative Method
    $61,255,168
    Geo Method
    $78,193,536
  • Alternative Use

    Use
    Valuation
    Residential
    $98,610,328
    Hospitality
    $90,326,528
    Educational
    $75,150,616
    Medical
    $77,735,160
    Retail
    $116,900,952
611 Gateway Blvd, South San Francisco, California

Location Insight

City
South San Francisco
County
San Mateo
State
California
Latitude
37.6591
Longitude
-122.4
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
$768,415
$7,493,587
$61,284,282
$68,777,869
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FAQs

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