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    1220 Sixth Ave Belmont, CA 94002

    Sponsored
    For Sale
    $3,561,442

    Prime Belmont location, ideal for apartment complex.

    Property size:
    2,916 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 0.18-acre lot at 1220 Sixth Avenue in Belmont, California, presents a remarkable opportunity for developers. The property boasts a substantial 2,916 square feet of land, perfectly situated for a new apartment development project. Preliminary plans suggest the potential to construct a building of approximately 20-25 units, taking advantage of a permitted building height of 50 feet. The site's location in Belmont offers excellent access to local amenities, transportation networks, and a thriving community. This is a rare chance to acquire a sizable parcel in a desirable area, ready for the creation of a high-quality residential development. The property is zoned for commercial use and is currently vacant, allowing for immediate commencement of construction. Detailed site plans and zoning information are available upon request. This prime location and significant development potential make this an exceptional investment opportunity. Serious inquiries only. The asking price reflects the significant potential of this development site. Don't miss this chance to build your next successful project.

    Property Features for 1220 Sixth Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,916 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1949
    Property Profile Location Intelligence

    Current Use by Public Records

    Will Chen Acupuncture Acupuncture Clinic

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belmont
    County
    San Mateo
    State
    California
    Longitude
    -122.276
    Latitude
    37.51772

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Belmont location, ideal for apartment complex.
    Where is this commercial real estate located?
    The property is located at 1220 Sixth Ave Belmont, CA.
    What is the asking price?
    The asking price for this property is $3,561,442.
    (415) 506-4782
    Request Owner's contact information
    1220 Sixth Ave Belmont, CA 94002
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    Belmont, CA 94002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1220 Sixth Ave Belmont, CA 94002
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