Redwood City, California, is an attractive location for investors seeking to purchase a warehouse, with its strong economy and diverse geography. Warehouses in Redwood City offer a unique investment opportunity, providing a space for businesses to store and distribute goods. These properties can be used for a variety of purposes, including manufacturing, logistics, and e-commerce. Redwood City's proximity to the San Francisco Bay and its mild Mediterranean climate make it an ideal location for businesses that require easy access to transportation and a stable environment. The city is also home to several major corporations, including Electronic Arts and Equinix, which contributes to its strong economy. Additionally, Redwood City has a well-developed infrastructure, with several major highways and a Caltrain stop, making it easily accessible by car or public transportation. The city's downtown area has also undergone revitalization efforts, with the opening of a history museum and a 20-screen theater complex, making it a great place to live and work.
Currently, there are 9 warehouses for sale in Redwood City, offering a range of options for investors. The average price per square foot for warehouses in Redwood City is $399 USD, with an average size of 21,326 square feet. The largest warehouse available is 61,200 square feet. In addition to warehouses, Redwood City also offers a range of other commercial properties, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Redwood City are ideal for businesses that require a large space for manufacturing or logistics. Land in Redwood City is also available for purchase, offering investors the opportunity to develop their own property. Residential income homes in Redwood City provide a unique investment opportunity, allowing investors to earn rental income from tenants. Commercial real estate in Redwood City includes a range of properties, from office buildings to retail spaces, offering businesses a place to operate and grow. Overall, Redwood City is a great location for businesses and investors, with its strong economy, diverse geography, and range of commercial properties available.
What are the key features investors look for in warehouses in Redwood City?
When searching for warehouses in Redwood City, investors typically look for key features that can impact the property's value, usability, and potential for returns, including:
- Location and accessibility, with proximity to major transportation hubs like the Port of Redwood City, U.S. Route 101, and Caltrain, as well as easy access to the San Francisco Bay Area and Silicon Valley.
- Warehouse size and layout, with a focus on properties that offer flexible and adaptable spaces, such as those with high ceilings, ample parking, and easy loading and unloading capabilities, with sizes ranging from 21,326 square feet to 61,200 square feet.
- Investment potential, including properties with a strong average cap rate of 3.1% and a competitive average price per square foot of $399 USD, with a total of 9 available listings to choose from.
What size warehouses are available to buy in Redwood City?
Warehouses available for purchase in Redwood City range in size from approximately 1,729 square feet to 61,200 square feet, with an average size of 21,326 square feet.
How much does it cost to buy a warehouse in Redwood City?
Currently, there are 9 warehouses for sale in Redwood City, with an average price per square foot of $399 USD and an average size of 21,326 square feet, ranging from smaller properties to larger ones with a maximum size of 61,200 square feet.
