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2127 Middlefield Rd 2,430 SF Industrial Building Redwood City, CA 94063 $2,387,420 CAD ($982.48 CAD/SF) 5.92% Cap Rate
Executive Summary
Many uses, Automotive with spray booth, computer repair, insurance company, service companies, home improvement/contractors, etc. Zoned for automotive to name just a few possible uses. Gross income $7,000. per-month from current Tenant and Owners occupied space is estimated at $2,500. per-month. Ideal building to be owner user plus rented to more than one tenant. Please do not disturb tenant. Easy to show by appointment-Call Listing Agent.
Property Facts Under Contract
| Price | $2,387,420 CAD | Rentable Building Area | 2,430 SF |
| Price Per SF | $982.48 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1981 |
| Cap Rate | 5.92% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 4.12/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.09 AC | ||
| Zoning | IR - Zoned IR: Industrial Restricted allows Machine & Repair Shops, Warehouse/Distribution, Auto Repair, Service Building (Utilities), and much more | ||
| Price | $2,387,420 CAD |
| Price Per SF | $982.48 CAD |
| Sale Type | Investment |
| Cap Rate | 5.92% |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.09 AC |
| Rentable Building Area | 2,430 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Tenancy | Single |
| Parking Ratio | 4.12/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | IR - Zoned IR: Industrial Restricted allows Machine & Repair Shops, Warehouse/Distribution, Auto Repair, Service Building (Utilities), and much more |
Amenities
- Fenced Lot
- Signage
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 053-363-150 | Improvements Assessment | $371,356 CAD |
| Land Assessment | $103,921 CAD | Total Assessment | $475,277 CAD |
Property Taxes
Parcel Number
053-363-150
Land Assessment
$103,921 CAD
Improvements Assessment
$371,356 CAD
Total Assessment
$475,277 CAD
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2127 Middlefield Rd
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