917 Amphlett BlvdSan Mateo, CA 94401

Property Details for 917 Amphlett Blvd

Year built

1960

Lot size

0.13 AC

Property size (Sq ft)

10,900 SF

Zone code

CH00C4

Property type

Industrial properties

Property subtype

Other warehouses

APN

029-315-250

APU

29315250

Description

This exceptional 11,000-square-foot flex space in San Mateo, CA, presents a unique investment opportunity. Located at 917 N Amphlett Blvd, this Class C, two-story building boasts prime visibility from Highway 101, with over 272,000 vehicles passing daily. The property, built in 1960 and zoned C4-1, offers three motorized roll-up doors, each with over 10 feet of clearance, making it ideal for various commercial uses. Inside, find a newly constructed designer kitchen and an ADA-compliant restroom. The property's strategic location within a development corridor, near Meta (Facebook), new mixed-use developments, and downtown Burlingame, ensures strong potential for growth. With approximately 11,000 square feet of net rentable space, this single-tenancy building is available for an absolute NNN lease. The asking price is $5,400,000, representing an 8.00% cap rate. This is a 1031 exchange eligible property. The affluent demographics, with over 215,400 people within a 5-mile radius, further enhance its investment appeal. The APN is 029-315-250. This is a rare opportunity to acquire a high-visibility commercial property in a thriving San Mateo location.

• Alternative Use

  Use

  Valuation

  Residential

  $8,817,572

  Hospitality

  $8,076,849

  Educational

  $6,719,844

  Medical

  $6,950,949

  Retail

  $10,453,090

Location Insight

City

San Mateo

County

San Mateo

State

California

Latitude

37.5845

Longitude

-122.33

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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