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Premier Mixed-Use Investment - Prime Corner Location with Approved Redevelopment Plans. Compass Commercial is pleased to present 3201 - 3205 Middlefield Road, an exceptional mixed-use corner property located in the vibrant and rapidly developing North Fair Oaks corridor. RESIDING at the bustling commercial heart adjacent to Redwood City, Menlo Park, and Atherton, this high-density asset represents an outstanding investment opportunity with approved redevelopment plans already in place. Target High-Growth Submarket The subject property is perfectly positioned on a high-visibility, high-traffic commercial corner with exceptional frontage along Middlefield Road. Major surrounding public and private investments, such as the recently completed $70.4 Million Monarch at Redwood residential community nearby, showcase accelerating local demand and submarket appreciation. NMU/DR Development Concept This asset features meticulously designed elevation blueprints engineered to optimize the site footprint under San Mateo County Neighborhood Mixed Use standards. Approved modern residential & retail layouts. Sleek structural design matching the modernized corridor corridor. Significant increase in premium square footage.
Listing agent: Juan De Leon DRE #01383120 juan.deleon@compass.com, Listing office: Compass
MLS data updated 10/28/2026, 8:00:28 AM PT
Source: CRMLS, MLS #: ML82054956
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 21, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,099,000Original asking price · Jul 21, 2026ZIP 94025 · Jul 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.