2820 El Camino Real San Mateo, CA 94403-2729

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.