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Office Warehouse

Owner/User Industrial Building

2985 Fair Oaks Ave, Redwood City, CA 94063

Listing Price: $4,887,000

Gross SF
9,410
Price/Gross SF
$519.34
Lot Size
0.34 acres
Year Built
1980
Rentable SF
9,410

Investment Overview

Zoning - North Fair Oaks Community Plan
The subject property is located in the boundaries of the North Fair Oaks Community Plan in unincorporated San Mateo County. North Fair Oaks is an unincorporated part of San Mateo County comprising approximately 798 acres, bounded by the cities of Redwood City to the north, west and southwest, Atherton to the east, and Menlo Park to the northeast. The updated Community Plan establishes the vision, goals for the development and physical composition of North Fair Oaks for the next 25 to 30 years, and incorporates new policies, programs, regulations and strategies to meet the needs of current and future residents and workers. The updated Community Plan’s policies and provisions address land use, circulation and parking, infrastructure, health and wellness, housing, economic development, and design guidelines.

The Industrial Mixed-Use land use designation allows a medium to high density of land uses with a primarily industrial focus while also allowing a mix of secondary commercial, public, and institutional uses. Limited multi-family residential uses that do not conflict with light-industrial uses may also be allowed as conditional uses with approval. The objective of this land use category is to preserve and promote job-generating uses in designated areas while catalyzing reuse of underutilized industrial buildings for commercial activities, including retail and office uses, artist studios, live/work lofts, and institutional uses such as schools/training and sports facilities.

Investment Highlights

  • +/- 9,140 SF Single-Tenant Warehouse, Approximately 20% Office Build-Out and 80% Warehouse Space
  • 18-Foot Clear Height
  • Two 14X14 Grade Roll-Up doors
  • Bonus Mezzanine Space Not Included in GBA
  • 400 Amps, 460 Volts, 3 Phase Power
  • Easy Access from Highway 101 and Woodside Road
  • Flexible Industrial Mixed-Use Land Use Designation in North Fair Oaks Community Plan
  • Excellent Owner/User Opportunity

Exclusively Listed By

Office Warehouse

Owner/User Industrial Building

Listing Price: $4,887,000

Gross SF
9,410
Price/Gross SF
$519.34
Lot Size
0.34 acres
Year Built
1980
Rentable SF
9,410

Investment Highlights

  • +/- 9,140 SF Single-Tenant Warehouse, Approximately 20% Office Build-Out and 80% Warehouse Space
  • 18-Foot Clear Height
  • Two 14X14 Grade Roll-Up doors
  • Bonus Mezzanine Space Not Included in GBA
  • 400 Amps, 460 Volts, 3 Phase Power
  • Easy Access from Highway 101 and Woodside Road
  • Flexible Industrial Mixed-Use Land Use Designation in North Fair Oaks Community Plan
  • Excellent Owner/User Opportunity

Investment Overview

Zoning - North Fair Oaks Community Plan The subject property is located in the boundaries of the North Fair Oaks Community Plan in unincorporated San Mateo County. North Fair Oaks is an unincorporated part of San Mateo County comprising approximately 798 acres, bounded by the cities of Redwood City to the north, west and southwest, Atherton to the east, and Menlo Park to the northeast. The updated Community Plan establishes the vision, goals for the development and physical composition of North Fair Oaks for the next 25 to 30 years, and incorporates new policies, programs, regulations and strategies to meet the needs of current and future residents and workers. The updated Community Plan’s policies and provisions address land use, circulation and parking, infrastructure, health and wellness, housing, economic development, and design guidelines. The Industrial Mixed-Use land use designation allows a medium to high density of land uses with a primarily industrial focus while also allowing a mix of secondary commercial, public, and institutional uses. Limited multi-family residential uses that do not conflict with light-industrial uses may also be allowed as conditional uses with approval. The objective of this land use category is to preserve and promote job-generating uses in designated areas while catalyzing reuse of underutilized industrial buildings for commercial activities, including retail and office uses, artist studios, live/work lofts, and institutional uses such as schools/training and sports facilities.

Exclusively Listed By

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