351 Demeter StEast Palo Alto, CA 94303

Property Details for 351 Demeter St

Year built

1981

Lot size

1.22 AC

Property size (Sq ft)

32,620 SF

Zone code

M10000

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

063-123-010

APU

63123010

Description

This exceptional 32,620-square-foot warehouse, located at 351 Demeter St, East Palo Alto, CA 94303, presents a unique opportunity in the heart of Silicon Valley. The single-tenant building, constructed in 1985, sits on a 1.21-acre lot and boasts a rare 24-foot clear ceiling height, a significant advantage uncommon in San Mateo County. The property offers ample parking with 32 spaces, and five convenient drive-in doors for efficient loading and unloading. Its strategic location provides easy access to Highway 101 and the Dumbarton Bridge, ensuring seamless connectivity to the East Bay, South Bay, and San Francisco Peninsula. The warehouse is equipped with essential features including floor drains, fire sprinklers, and full insulation, enhancing functionality and safety. The property's current improvements and prime location make it exceptionally well-suited for service-oriented businesses seeking a modern and efficient workspace within a thriving commercial area. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a rapidly developing market.

• Alternative Use

  Use

  Valuation

  Residential

  $22,255,600

  Hospitality

  $20,386,010

  Educational

  $16,960,922

  Medical

  $17,544,234

  Retail

  $26,383,656

Location Insight

City

East Palo Alto

County

San Mateo

State

California

Latitude

37.4768

Longitude

-122.135

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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