This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

222 S Fremont St

0.58 Acres of Residential Land Offered at $10,904,599 CAD in San Mateo, CA 94401

Investment Highlights

  • Close in walking distance downtown San Mateo - mass transit

Executive Summary

Joint venture considered. Potential for 60 market rate units with BMR's Under current zoning And density bonus.
New general plan adopted March 2024 suggest land use at 51 – 99 units/ac. Potential of 116 units with required BMR's and state density bonus.
Contact agent

Property Facts

Price $10,904,599 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.58 AC

1 Lot Available

Lot 2

Price $10,904,599 CAD
Price Per AC $18,754,116 CAD
Lot Size 0.58 AC

Entitlements in process. JV considered. Vacant Lot and one 2 bedroom1 bath single family home occupied by month to month tenant. Proposed 6 story 50 unit condominium dev. plan currently under planning review. Potential to increase to 57 to 60 units.

Description

Redevelopment parcel - currently in final review for entitlements - 41 condominium units. One single-family residence and vacant land. Potential to obtain 60 market rate units including BMR Units.

Walk Score ®
Walker's Paradise (96)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
033-163-170
Land Assessment
$933,113 CAD
Improvements Assessment
$0 CAD
Total Assessment
$933,113 CAD

zoning

Zoning Code R4-D (High density multi family residential)
R4-D (High density multi family residential)
  • Listing ID: 28606603

  • Date on Market: 2023-05-30

  • Last Updated:

  • Address: 222 S Fremont St, San Mateo, CA 94401

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}