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34559882
34559909

12150 SAN MATEO RD, HALF MOON BAY, CA 94019-7108 For Sale

GT
CA 00957651
Compass - Burlingame
Listed by Compass - Burlingame
$7,980,000
2 days on market
Updated 2 days ago

12150 SAN MATEO RD HALF MOON BAY CA 94019-7108

Details
APN 056-360-050 & 056-360-070
Property Type Mixed Use, Land
Sub Type Residential, Agricultural (+1)
Cap Rate 3.45%
NOI $275,649
Tenancy Multi
Lease Type Gross
Lot Size (SqFt) 6,382,964
Zoning Agricultural PAD/CD
Ground Lease No

About This Property for Sale

Marketing description

±143 Acres of pure serene coastal real estate! The subject property offers convenient access to San Mateo Road (aka Highway 92) and is a short ride to Downtown Half Moon Bay or "over the hill" to the Peninsula. The property is situated on flat an undulating terrain and offers an array of dwellings (all currently leased) and structures.

Here are some of the attributes of this unique opportunity:

  • ±143 Acres of Serene Coastal Real Estate (per Tax Records)
  • Zoned: Agricultural PAD/CD
  • Located within San Mateo County Jurisdiction
  • Convenient Access to Highway 92/San Mateo Road
  • Subject Property is NOT located in the Williamson Act
  • Possible Development Opportunity - Buyer to Verify
  • Rent Roll Included (Per Owner)
  • The property hosts the following structures/dwellings:
    • Ranch House
    • Custom Built House
    • 32' x 32' Garage/Shop
    • Apartment Above Garage/Shop
    • Bungalow
    • 5 Horse Barns - Can Accommodate up to 42 Horses

Contact Listing Agent for More Information!

Investment highlights

±143 Acres of pure serene coastal real estate! The subject property offers convenient access to San Mateo Road (aka Highway 92) and is a short ride to Downtown Half Moon Bay or "over the hill" to the Peninsula. The property is situated on flat an undulating terrain and offers an array of dwellings (all currently leased) and structures.

Here are some of the attributes of this unique opportunity:

  • ±143 Acres of Serene Coastal Real Estate (per Tax Records)
  • Zoned: Agricultural PAD/CD
  • Located within San Mateo County Jurisdiction
  • Convenient Access to Highway 92/San Mateo Road
  • Subject Property is NOT located in the Williamson Act
  • Possible Development Opportunity - Buyer to Verify
  • Rent Roll Included (Per Owner)
  • The property hosts the following structures/dwellings:
    • Ranch House
    • Custom Built House
    • 32' x 32' Garage/Shop
    • Apartment Above Garage/Shop
    • Bungalow
    • 5 Horse Barns - Can Accommodate up to 42 Horses

Contact Listing Agent for More Information!

Listing Contacts

GT
CA 00957651
Compass - Burlingame
Listed by Compass - Burlingame

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$275,649.48
$22,970.79/mo

Valuation Metrics

0
DSCR
3.45%
Cap Rate
3.45%
ROI

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