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Property profile & analytics
OFF-MARKET
Commercial real estate

1 Engle Rd San Mateo, CA 94402

Property ID
US09-2187399
Property summary
AI-generated overview

This exceptional 5,508 square foot residential lot, located at 1 Engle Rd in the desirable San Mateo Park neighborhood of San Mateo, California (zip code 94402), presents a unique opportunity for discerning buyers. Offered at $1,450,000, this property boasts a convenient location, just one mile from Burlingame Avenue and a half-mile from Downtown San Mateo, providing easy access to a variety of amenities and services. The lot features two electric meters, adding to its versatility. While currently featuring a single-family home built in 1917, the property holds significant potential for redevelopment. Previous entitlements for a 10-unit residential development plan exist for this property and the adjacent property (4 W Santa Inez), details of which are available in the disclosures. The existing structure and grounds could benefit from renovation, offering a blank canvas for a creative vision. The property's APN is 032-075-100. This is a rare chance to acquire a substantial lot in a highly sought-after San Mateo location with promising development possibilities. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
APN 032-075-100
UPID US09-2187399
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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