2301-2399 Geneva Ave - Mixed-Use Development Site | Opportunity Zone
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
thank you
Your email has been sent!
2301-2399 Geneva Ave - Mixed-Use Development Site | Opportunity Zone
0.44 Acres of Residential Land in Daly City, CA 94014
Investment Highlights
- Approximately 19,300 square foot development site with frontage on three streets
- Developments in this zoning designation are subject to ministerial review; there are no subjective zoning standards
- San Francisco is eight miles north of the site and major employers in South San Francisco are five miles south
- Commercial Mixed-Use zoning allows development up to 10 stories or 120 feet
- The site is located in an Opportunity Zone, which provides tax benefits to qualified investors
- Muni Metro is one mile east; BART and Caltrain are less than two miles away
Executive Summary
Marcus & Millichap has been selected as exclusive agents for a 0.443-acre residential development site located along Geneva Avenue in Daly City. The property includes seven adjacent parcels of vacant land that total 19,300 square feet. The site is rectangular and has 200 feet of frontage along Geneva Avenue, with 100 feet of frontage along both Pasadena Street and Castillo Street. With frontage on three roads, there are multiple potential access points for a new development.
The zoning designation for the property is Commercial Mixed-Use, and the general plan land use is Commercial Mixed-Use. The city recently released objective design standards for the Commercial Mixed-Use zone. Under the new standards, all projects are subject to ministerial review and there are no subjective standards. This will streamline the approval process for new developments and reduce the time needed to get a project approved. The maximum height limit for the subject property is 120 feet or 10 stories. There is no maximum density or FAR for this zoning designation.
The site has excellent visibility along Geneva Avenue, a major east-west corridor that connects Bayshore Boulevard in the east with Interstate 280 in the west. The property is easily accessible from nearby freeways; an interchange with US Highway 101 is about one and one-half miles east of the property and Interstate 280 is less than two miles to the west. The Financial District in San Francisco is less than eight miles north of the site, and major employers in South San Francisco are just five miles south. The San Francisco International Airport is seven miles from the property.
The zoning designation for the property is Commercial Mixed-Use, and the general plan land use is Commercial Mixed-Use. The city recently released objective design standards for the Commercial Mixed-Use zone. Under the new standards, all projects are subject to ministerial review and there are no subjective standards. This will streamline the approval process for new developments and reduce the time needed to get a project approved. The maximum height limit for the subject property is 120 feet or 10 stories. There is no maximum density or FAR for this zoning designation.
The site has excellent visibility along Geneva Avenue, a major east-west corridor that connects Bayshore Boulevard in the east with Interstate 280 in the west. The property is easily accessible from nearby freeways; an interchange with US Highway 101 is about one and one-half miles east of the property and Interstate 280 is less than two miles to the west. The Financial District in San Francisco is less than eight miles north of the site, and major employers in South San Francisco are just five miles south. The San Francisco International Airport is seven miles from the property.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| Sale Conditions | Redevelopment Project | Total Lot Size | 0.44 AC |
| No. Lots | 1 | Cross Streets | Pasadena St |
| Property Type | Land | Opportunity Zone |
Yes
|
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.44 AC |
| Cross Streets | Pasadena St |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Lot Size | 0.44 AC |
| Lot Size | 0.44 AC |
Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $5,422,176 CAD | Total Assessment | $5,422,176 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,422,176 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,422,176 CAD
zoning
| Zoning Code | Commercial Mixed-Use |
| Commercial Mixed-Use |
Contacts
-
Joshua Johnson -
David Cutler -
Kirk Trammell -
Michael Henshaw -
Marcus & Millichap
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
2301-2399 Geneva Ave - Mixed-Use Development Site | Opportunity Zone
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.