2820 El Camino Real San Mateo, CA 94403-2729
- Industrial properties
- 0.50 lot acres
Apr 04, 2022
Current Use by Public Records
- Industrial properties
Property Details for 2820 El Camino Real
- Lot size
- 0.50 lot acres
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 039-353-170
- APU
- 39353170
Description
This exceptional 0.5-acre commercial land parcel, located at 2820 S El Camino Real in San Mateo, CA (APN 039-353-170), presents a unique development opportunity. Zoned C3-1/R4, it allows for diverse uses, including commercial and mixed-use projects. Boasting a prime location at the corner of 28th Avenue and S El Camino Real, the property benefits from exceptional visibility and high traffic counts exceeding 43,100 vehicles daily. Its proximity to the Hillsdale Caltrain station ensures high pedestrian traffic. The site is situated within a thriving retail and mixed-use corridor, surrounded by ongoing and recently completed development projects. This presents an ideal investment for developers seeking to capitalize on the affluent demographics of the area, with over 264,000 people within a 5-mile radius and an average household income exceeding $234,000 annually. The property is offered fee simple at an asking price of $4,980,000. This is a rare chance to acquire a highly desirable development site in a rapidly growing market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Mateo
- County
- San Mateo
- State
- California
- Longitude
- -122.303
- Latitude
- 37.5412
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
