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2985 Fair Oaks Ave

11,500 SF Industrial Building Redwood City, CA 94063 $3,887,000 ($338/SF)

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Investment Highlights

+/- 9,410 SF Single-Tenant Warehouse
18-Foot Clear Height
400 Amps, 460 Volts, 3 Phase Power

Approximately 20% Office Build-Out and 80% Warehouse Space
Bonus Mezzanine Space Not Included in GBA
Flexible Industrial Mixed-Use Land Use Designation in North Fair Oaks Community Plan

2985 Fair Oaks Ave OM

Property Facts

Price	$3,887,000	No. Stories	1
Price Per SF	$338	Year Built	1980
Sale Type	Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.85/1,000 SF
Property Subtype	Warehouse Flex Light Manufacturing Industrial Manufacturing FlexLight Distribution	Clear Ceiling Height	18 FT
Building Class	C	No. Drive In / Grade-Level Doors	2
Lot Size	0.34 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	11,500 SF

Price	$3,887,000
Price Per SF	$338
Sale Type	Owner User
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Industrial Manufacturing FlexLight Distribution
Building Class	C
Lot Size	0.34 AC
Rentable Building Area	11,500 SF
No. Stories	1
Year Built	1980
Tenancy	Single
Parking Ratio	0.85/1,000 SF
Clear Ceiling Height	18 FT
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Signage

Skylights

Storage Space

Air Conditioning

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Walk Score ®

Very Walkable (84)

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PROPERTY TAXES

Parcel Number	060-011-120	Improvements Assessment	$278,879
Land Assessment	$2,933,813	Total Assessment	$3,212,692

PROPERTY TAXES

Parcel Number

060-011-120

Land Assessment

$2,933,813

Improvements Assessment

$278,879

Total Assessment

$3,212,692

zoning

Zoning Code	M-1
M-1

David Cutler
Joshua Johnson
Kirk Trammell
Marcus & Millichap

(650) 391-1753

Listing ID: 31157917
Date on Market: 3/8/2024
Last Updated:
Address: 2985 Fair Oaks Ave, Redwood City, CA 94063

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2985 Fair Oaks Ave, Redwood City, CA for sale Building Photo- Image 1 of 13 — Cover

2985 Fair Oaks Ave, Redwood City, CA for sale Building Photo- Image 2 of 13 — Exterior Photo

2985 Fair Oaks Ave, Redwood City, CA for sale Building Photo- Image 3 of 13 — Exterior Photo

2985 Fair Oaks Ave, Redwood City, CA for sale Building Photo- Image 4 of 13 — Exterior Photo

2985 Fair Oaks Ave, Redwood City, CA for sale Building Photo- Image 5 of 13 — Exterior Photo

2985 Fair Oaks Ave, Redwood City, CA for sale Interior Photo- Image 6 of 13 — Interior Photo

2985 Fair Oaks Ave, Redwood City, CA for sale Interior Photo- Image 7 of 13 — Interior Photo

2985 Fair Oaks Ave, Redwood City, CA for sale Interior Photo- Image 8 of 13 — Interior Photo

2985 Fair Oaks Ave, Redwood City, CA for sale Interior Photo- Image 9 of 13 — Interior Photo

2985 Fair Oaks Ave, Redwood City, CA for sale Plat Map- Image 10 of 13 — Plat Map

2985 Fair Oaks Ave, Redwood City, CA for sale Building Photo- Image 12 of 13 — Building Photo

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