Cleo Ave Cupertino, CA 95014
- Mixed-use properties
- 9,583 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 0 Cleo Ave
- Property size
- 9,583 SF
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional 9,583 square foot vacant land parcel presents a remarkable opportunity for residential development in the highly desirable Cupertino, California market. Located in the Monte Vista South neighborhood, this property boasts a prime infill location with city services readily available at the street. The site is identified within the City of Cupertino's Housing Element, suggesting a streamlined planning and approval process. Preliminary assessments indicate potential for a substantial single-family home or up to eight new dwellings, based on the Housing Element and recommendations from the Cupertino Planning Department. However, all data must be independently verified with the City of Cupertino. The property's location within the esteemed Cupertino school district, encompassing Lincoln Elementary, John F. Kennedy Middle School, and Monte Vista High School, ensures high demand and premium pricing for any developed homesites. Its proximity to major employers like Apple, Google, Facebook, and Cisco Systems further enhances its appeal. This exceptional site offers a rare chance for investors and developers to create a prestigious residential development in a thriving market, capitalizing on the area's strong demand and creating a high-value residential haven. The asking price is $3,500,000. The lot size is approximately 9,583 square feet, with the APN being 362-31-030. This is a quick close, non-entitlement sale.
Value Estimations
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cupertino
- County
- Santa Clara
- State
- California
- Longitude
- -122.035
- Latitude
- 37.3023
