Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
1.126 acres
Prime Development Opportunity! Attention builders and developers! Don't miss this rare chance to create a brand-new residential community in one of the most desirable and strategically located areas on the Peninsula. This exceptional site offers close proximity to world-class employers including Stanford University, Stanford Hospital, Meta HQ, Amazon EPA, and the vibrant downtown Palo Alto. Also enjoy quick access to Google, LinkedIn, and other major tech campuses. Conveniently located just off University Avenue on the west side of Highway 101, this property borders Palo Alto and is within the sought-after Menlo-Atherton High School district. A recent conceptual yield study shows the potential to develop 33 unit townhomes or 44 unit apartment (buyer to verify with city). Previously operated as a mobile home park, the site once had full utility hookups, which were removed after the park was officially closed--creating a potential opportunity for utility credits through the City of East Palo Alto. This flat, well-positioned parcel is ready for transformation. Act now to capitalize on this rare development opportunity in the heart of Silicon Valley.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
1.126
-
Property Type
Land
Price
-
Sales Price
$6,399,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Other
-
Middle School
N/A
-
High School
Menlo-Atherton
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
San Mateo
Elementary School
Other
Middle School
High School
Menlo-Atherton
Listing Courtesy of Jenny Huang , Coldwell Banker Realty
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