909 Amphlett BlvdSan Mateo, CA 94401

Property Details for 909 Amphlett Blvd

Year built

1948

Lot size

0.27 AC

Property size (Sq ft)

4,651 SF

Zone code

CH00C4

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

029-315-090

APU

29315090

Description

This exceptional commercial land offering in San Mateo, CA, presents a compelling investment opportunity. Located at 909 N Amphlett Blvd, this 11,777 square foot (0.27-acre) lot features a 4,611 square foot building currently housing four tenants. The property boasts excellent visibility and is situated in a thriving commercial area, benefiting from convenient access to major highways, public transportation, and nearby new developments. Downtown San Mateo is just a short five-minute drive away. The land offers significant upside potential for both investment and development, allowing buyers to capitalize on value appreciation and adapt to evolving market demands. The existing tenants provide a steady stream of passive cash flow while the buyer explores future development plans. San Mateo's location in the heart of Silicon Valley, combined with its economic stability, skilled workforce, and high quality of life, makes this a prime location for commercial real estate investment. The asking price is $4,651,851, with a price per square foot of $1,008.86 for the building and $395 per square foot for the land. This property presents a rare chance to acquire a well-located asset with substantial growth potential in a desirable market. The property's zip code is 94401.

• CAP approach

  CAP return

  Valuation

  6%

  $4,075,970

  6.5%

  $3,762,434

  7%

  $3,493,688

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,614,424

  Geo Method

  $2,010,676

• Alternative Use

  Use

  Valuation

  Residential

  $3,762,434

  Hospitality

  $3,446,369

  Educational

  $2,867,339

  Medical

  $2,965,951

  Retail

  $4,460,304

Location Insight

City

San Mateo

County

San Mateo

State

California

Latitude

37.5843

Longitude

-122.329

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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