Village Core Mixed-Use
For Sale
Contact for pricing
1250 Fifth Ave, Belmont, CA 94002
Specific Plan designation supports high-intensity development with residential, retail, dining, and entertainment uses.
Property SizeContact for details
Days on Market144
Property Features for 1250 Fifth Ave
General Information
Standard status
Active
Property subtype
Office, Land
Listing Agency:
Marcus & Millichap - Palo Alto
(757) 270-0946
Listed By:
Joshua Johnson · License #CA 01930127
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
The Belmont Village Office is identified within the Belmont Village Specific Plan and carries a Village Core land use designation. This district is intended for high-intensity, mixed-use development in an active center serving surrounding neighborhoods. The framework accommodates residential uses in horizontal or vertical mixed-use formats, along with small- and medium-scale retail, dining, entertainment, specialty shops, and community-oriented spaces.
The property is situated near the Belmont Caltrain station and the Ralston and El Camino Real intersection, on the west side of the Caltrain tracks. Village Core parameters establish a minimum FAR of 0.5 and a maximum FAR of 2.0, increasing to 2.5 with community benefits. The Specific Plan anticipates approximately 75% residential and 25% non-residential development within the designation, with residential development averaging 48 dwelling units per acre and non-residential development averaging 2.0 FAR.
The property is situated near the Belmont Caltrain station and the Ralston and El Camino Real intersection, on the west side of the Caltrain tracks. Village Core parameters establish a minimum FAR of 0.5 and a maximum FAR of 2.0, increasing to 2.5 with community benefits. The Specific Plan anticipates approximately 75% residential and 25% non-residential development within the designation, with residential development averaging 48 dwelling units per acre and non-residential development averaging 2.0 FAR.
Key Highlights
- Village Core land use designation within the Belmont Village Specific Plan
- FAR ranges from 0.5 to 2.0, or 2.5 with community benefits
- Supports horizontal or vertical mixed‑use residential development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,752
Businesses Nearby
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Business Placement
Demographics for 94002, CA
28,513
Population
11,307
Households
2.5
Avg Household Size
40
Median Age
69%
College-Educated
96%
High-School Grad
5.6 sq mi
ZIP Area
5,092
Density / Sq Mi
$204,573
Median Household Income
$120,322
Median Earnings
$2,889
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Specific Plan designation supports high-intensity development with residential, retail, dining, and entertainment uses.
Where is this mixed-use property located?
The property is located at 1250 Fifth Ave Belmont, CA.
What are key features of this property?
This property features: Village Core land use designation within the Belmont Village Specific Plan; FAR ranges from 0.5 to 2.0, or 2.5 with community benefits; Supports horizontal or vertical mixed‑use residential development
