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    2251 Pacific Coast Hwy Pacifica, CA 94044

    Sponsored
    For Sale
    $9,999,999

    3-Acre Coastal Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.05-acre property in Pacifica, CA, presents a unique development opportunity. Located at 2251 Pacific Coast Hwy (APN: 018-140-460, 018-140-470, 018-140-040), the land is divided into two parcels. One parcel, part of the Pacifica Housing Element, is approved for up to 69 low-income housing units. The second parcel, zoned C-2, allows for an additional 34 multifamily units, per the Pacifica Zoning Code, ideal for mixed-use development. Situated minutes from Pacifica's beaches and near major employers in the San Francisco Bay Area, this location offers convenient access to Highways 1 and 280, connecting to San Francisco and Silicon Valley. The area features local schools, parks, shopping, and dining. Seller financing is available. The asking price is $9,999,999. Appraisal and due diligence files are available upon request. This coastal property offers developers a chance to create a significant impact in a thriving community. The property's prime location and development potential make it a compelling investment.

    Property Features for 2251 Pacific Coast Hwy

    General Information

    Property type
    Land
    Lot Size
    132,858 SF

    HighLights

    • $9,999,999 asking price.
    • 3.05‑acre land parcel in Pacifica, CA.
    • APN: 018‑140‑460, 018‑140‑470, 018‑140‑040.
    • Zoned for mixed‑use development (including multifamily and commercial).
    • Seller financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pacifica
    County
    San Mateo
    State
    California
    Longitude
    -122.48848624194
    Latitude
    37.612894066958

    Nearby Comparable

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      Pacifica Mixed-Use Investment Opportunity

      Prime Pacifica location, 0.33-acre lot, high potential.
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      Prime Pacifica Coastal Lot

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    FAQs

    What type of property is this?
    Land - 3-Acre Coastal Development Opportunity
    Where is this land located?
    The property is located at 2251 Pacific Coast Hwy Pacifica, CA.
    What is the asking price?
    The asking price for this property is $9,999,999.
    What are key features of this property?
    This property features: $9,999,999 asking price.; 3.05-acre land parcel in Pacifica, CA.; APN: 018-140-460, 018-140-470, 018-140-040.
    (415) 625-2159
    Request Owner's contact information
    2251 Pacific Coast Hwy Pacifica, CA 94044
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    Pacifica, CA 94044
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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
    2251 Pacific Coast Hwy Pacifica, CA 94044
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