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$1,400,000
95 Days On Site

987 Laurel Street
SAN CARLOS, CA 94070

For Sale|Land|Active
County:
San Mateo
Listed by of Alexander Kent of Compass (650) 793-0541
Call Now: (408) 868-2620
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(408) 868-2620
987 Laurel Street987 Laurel Street987 Laurel Street987 Laurel Street
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This is a medical office building that is leased to a major Vet chain through 12/31/2026. They are not renewing because they are consolidating to another much larger location. This building offers a broad array of permissible uses including residential. The Regional Housing Needs Assessment puts this land at 2 residential units. However, if redeveloped with an architect and the city with both city and new state pro-housing laws, a buyer could potentially get several stories and many units, TBD. Zoning: MU-N-50: Neighborhood Mix: retail, commercial, and office uses, as well as residential development of up to fifty (50) units per net acre. Permissible uses: Multi unit residential, family childcare small and large, Residential care - limited, community assembly(minor use permit), cultural (MUP), day care, instructional, schools (CUP), social service (CUP), pet grooming(*5), bank and financial services (mup), business services (9*), restaurant (cup), convenience store (cup), food prep, business and professional office, medical office (9*), personal service. Please speak with a city planner and an architect to confirm whether your use is permissible.

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Listing Snapshot
Price 
$1,400,000
Days On Site 
95 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0689 Acres
Year Built 
N/A
MLS® Number 
ML82044092
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoPrice changed to $1,400,000
3 months agoListing first seen on site
General Features
Acres 
0.0689
Additional Property Use 
Commercial
Cross Street 
Morse Blvd
Disclosures 
Natural Hazard Disclosure
Sewer 
Public Sewer
Utilities 
Natural Gas AvailableCable Available
Water Source 
Public
Zoning 
MU-N-50: retail, office, resid. dev.
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Exterior Features
Fencing 
None
Lot Features 
Other
View 
None
Waterview 
None
Community Features
School District 
Sequoia Union High
Schools
School District
Sequoia Union High
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listed by of Alexander Kent of Compass (650) 793-0541



The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, MLS Listings, Inc..
Last checked: 2026-07-27 05:10 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

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