2 Park Rd Burlingame, CA 94010
- Specialty properties
- 0.48 lot acres
Current Use by Public Records
- Crosby-N. Gray & Co. Funeral Home and Cremation Service / Cremation Service / Funeral Director
- Li Joan / Funeral Home
Property Details for 2 Park Rd
- Lot size
- 0.48 lot acres
- Zone code
- CL00C1
- Property type
- Specialty properties
- APN
- 029-225-170
- APU
- 29225170
Description
This exceptional commercial property, located at 2 Park Road in the heart of Burlingame, California, presents a unique investment opportunity. The 11,000 square foot building sits on a sizable 0.65-acre lot, encompassing two parcels totaling 28,212 square feet. Its prime corner location offers unparalleled visibility and accessibility, just steps from the vibrant downtown area and El Camino Real. The property's existing structure provides immediate occupancy potential for a user seeking a prominent Burlingame location. However, the significant zoning allowances present a compelling opportunity for developers. The generous lot size and dense zoning regulations allow for substantial expansion or redevelopment, maximizing the property's potential. Further enhancing the investment prospects, adjacent property owners have expressed strong interest in selling their land, presenting a potential opportunity to acquire an acre or more of contiguous land. This creates a unique chance to assemble a significantly larger development site in a highly desirable Burlingame location. The asking price for this exceptional property is $11,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burlingame
- County
- San Mateo
- State
- California
- Longitude
- -122.343
- Latitude
- 37.5751
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
