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San Mateo, CA Commercial Land for Sale

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Waterfront Commercial Land
Updated: Apr 18, 2024
Waterfront Commercial Land

2075 S Norfolk Street, San Mateo, CA 94403

$7,500,000
9,150 sqft 1.25 AC lot
1.2455‑acre undeveloped commercial land parcel
54,256‑square‑foot lot
Waterfront property in San Mateo County
Address: 2075 S Norfolk Street, San Mateo, CA 94403
Potential for interim leasing or future development
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Rare San Mateo Land Parcel
Updated: Mar 5
Rare San Mateo Land Parcel

2075 Norfolk, San Mateo, CA 94403

$7,500,000
9,150 sqft 1.25 AC lot
Rare undeveloped 54,256 sqft lot in San Mateo County - offered to the public for the first time in over 57 years.
Desirable waterfront property.
Potential for short‑term income through current operations or leasing.
Opportunity for long‑term income through future development.
Established history as the 'Bayside' hardware store since 1967.
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Mixed-Use Development Site
Mixed-Use Development Site

1990 S El Camino Real, San Mateo, CA 94403

Contact for pricing

Plan review is underway for a pedestrian-oriented project combining residences with neighborhood retail.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in San Mateo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Development Land Site
Mixed-Use Development Land Site

678 Ralston Ave, Belmont, CA 94002

Contact for pricing
2,880 sqft 0.36 AC lot

Development site with a 15,700+/- sf lot and 2,880+/- sf building, zoned for village corridor mixed use.

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Transit-Oriented Corner Lot For Sale
Transit-Oriented Corner Lot For Sale

265 San Bruno Ave E, San Bruno, CA

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4,036 sqft 0.17 AC lot

Commercial land for sale near San Bruno Caltrain Station.

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Commercial Land with Hotel Plans
Commercial Land with Hotel Plans

160 El Camino Real, San Bruno, CA 94066

Contact for pricing

MX-R zoning supports a hotel proposal and up to 18 apartment or condominium units as an alternative use.

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Belmont Land For Sale
Belmont Land For Sale

740 El Camino Real, Belmont, CA 94002

$4,000,000
3,915 sqft

Commercial land available in Belmont, California.

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San Mateo, CA Commercial Land Market Trends and Statistics

Explore 3 commercial land for sale in San Mateo, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 108,704 square feet of properties for sale, with an estimated market value of $15,000,000.

Sale prices for commercial lots in San Mateo, CA average $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 3
Residential land & home lots 3
Waterfront Land 1

Demographics Overview

Population 141K
Population Growth (5Y) -1.2%
Median Household Income $165,615
College Educated 74.2%

High-Yield Neighborhoods for Investment

Identify San Mateo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
94403 $7.5M

Taxes & Financing

Tax Rate (average for all types) 1.30%
Property Tax per SF $7.54 per SF
Tax Rate vs County Average 0.17 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Mateo County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in San Mateo County

Retail

Residential Income

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