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2163 Palm Ave 7,260 SF Industrial Building San Mateo, CA 94403 $4,327,352 CAD ($596.05 CAD/SF)
INVESTMENT HIGHLIGHTS
- Industrial building currently occupied by an owner/user
- +/-1,000 square feet of second floor office space not included in gross building area
- Space can easily be divided to accommodate two tenants
- Configured with 45% office space and 55% industrial/storage space
- Fire sprinkler was added during the expansion; new roof installed four years ago
EXECUTIVE SUMMARY
2163 Palm Avenue is a single-tenant light industrial property located near El Camino Real and State Highway 92 in San Mateo. The building totals approximately 7,715 gross square feet and is situated on a 9,816 square foot site. Approximately 45% of the building is improved with office space, with the remaining 55% currently utilized for manufacturing and storage use. Additionally, there is about 1,000 square feet of bonus second floor office area not included in the gross building area. Loading is provided by two 10-foot by 10-foot grade doors. The building has seven parking spaces and a fenced yard.
The property is easily accessible from State Highway 92 and US Highway 101. The interchange of State Highway 92 and El Camino Real is less than one-half mile from the site, and the interchange of State Highway 92 and US Highway 101 is just one mile away. State Highway 92 runs from the Pacific Coast across the San Mateo-Hayward Bridge to communities in the East Bay and connects with US Highway 101 and Interstate 280. US Highway 101 is the main highway connecting the communities on the San Francisco Peninsula with San Francisco and San Jose.
The property is easily accessible from State Highway 92 and US Highway 101. The interchange of State Highway 92 and El Camino Real is less than one-half mile from the site, and the interchange of State Highway 92 and US Highway 101 is just one mile away. State Highway 92 runs from the Pacific Coast across the San Mateo-Hayward Bridge to communities in the East Bay and connects with US Highway 101 and Interstate 280. US Highway 101 is the main highway connecting the communities on the San Francisco Peninsula with San Francisco and San Jose.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Fenced Lot
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 039-071-060 | Improvements Assessment | $610,247 CAD |
| Land Assessment | $1,510,728 CAD | Total Assessment | $2,120,975 CAD |
PROPERTY TAXES
Parcel Number
039-071-060
Land Assessment
$1,510,728 CAD
Improvements Assessment
$610,247 CAD
Total Assessment
$2,120,975 CAD
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2163 Palm Ave
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