San Carlos, California Commercial Real Estate 1 Listing

San Carlos, California: A Premier Destination for Commercial Real Estate

Introduction

San Carlos, California, is a vibrant city known for its strategic location in the heart of Silicon Valley. With a population of approximately 30,000, San Carlos is a thriving hub for commercial real estate (CRE) development. The city's robust economy is driven by a diverse range of industries, including technology, biotechnology, and manufacturing. Its unique positioning near major economic centers such as San Francisco and San Jose makes it an attractive destination for CRE professionals seeking opportunities in office, industrial, and retail spaces.

Economic and Industry Overview

San Carlos boasts a dynamic economic landscape supported by major industries like technology and biotechnology. The city's proximity to Silicon Valley has fostered a growing demand for office and industrial spaces, with numerous startups and established tech firms calling San Carlos home. The biotechnology sector, with companies like Natera and Apexigen, further drives demand for specialized office and laboratory spaces.

The San Mateo County Economic Development Association (SAMCEDA) actively supports regional economic initiatives, providing resources and advocacy to bolster San Carlos's CRE appeal.

Strategic Location and Transportation Infrastructure

San Carlos's strategic location offers excellent transportation infrastructure, including access to major highways such as U.S. Route 101 and Interstate 280. The city is served by the San Carlos Airport, catering to general aviation needs, and is in close proximity to San Francisco International Airport, providing global connectivity.

San Carlos's logistical advantages include easy access to the Peninsula Corridor Joint Powers Board's Caltrain commuter rail, facilitating efficient movement of labor and goods. This connectivity is crucial for businesses reliant on distribution and workforce accessibility.

For more information, visit the California Department of Transportation and the San Mateo County Transportation Authority.

Commercial Real Estate Inventory & Zoning

San Carlos's commercial real estate market is characterized by diverse submarkets, including the downtown business district, industrial corridors, and innovation districts. Key asset classes include industrial spaces, retail establishments, flex office spaces, and medical facilities.

The city has implemented zoning changes and overlays to encourage sustainable development and mixed-use projects. San Carlos provides incentives for developers through streamlined permitting processes and supportive zoning policies. For zoning maps and parcel viewers, refer to the City of San Carlos Planning Division.

Major Employers and Institutions

San Carlos is home to several major employers, including technology firms, biotech companies, and educational institutions. Notable employers include:

Natera
Apexigen
Kelly-Moore Paints

Educational institutions such as Notre Dame de Namur University and key government centers also contribute to the city's CRE demand. For a comprehensive list of employers, visit the San Carlos Chamber of Commerce.

Notable Commercial Developments & Projects

San Carlos is witnessing significant commercial developments, including mixed-use projects and innovation parks. Noteworthy projects include the San Carlos Transit Village, a public-private partnership aimed at creating a transit-oriented community.

The city is also part of designated Opportunity Zones, offering tax incentives for developers. For project maps and planning information, visit the San Carlos Planning Division.

Building Permits, Planning, and Development Tools

San Carlos offers a range of resources for developers and investors, including:

Market Data & Economic Reports

San Carlos provides access to valuable market data and economic reports. Public data sets are available through census.gov and the City of San Carlos Open Data Portal.

Brevitas leverages AI-powered aggregation from public data and internal insights to provide detailed market analyses. Explore Brevitas-powered dashboards for San Carlos for comprehensive insights.