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Investment Highlights

  • 24,500 sqft | 0.562 Acres (approximate)
  • Developement potential - High density mixed used, affordable housing project.
  • Prime location in vibrant Belmont area

Executive Summary

Vacant land for sale with high density mixed use development potential.
24,500 sq ft = 0.562 Acres (approximate)
The property is part of a church facility.
Development potential - High density mixed used, affordable housing project.
Prime location in vibrant Belmont area.
High Density Affordable Housing Potential. Feasibility study done for up to 48 affordable housing units (feasibility study in the data room/OM - buyer to verify).

Attachments

OM

Data Room Click Here to Access

Property Facts

Price $7,734,720 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Daycare Centre
  • Healthcare
  • Hotel
  • Medical
  • Planned Unit Development
  • Single Family Development
Total Lot Size 0.56 AC
Zoning R1B - Rural mixed use

1 Lot Available

Lot

Price $7,734,720 CAD
Price Per AC $13,811,999.56 CAD
Lot Size 0.56 AC

Lot is currently part of a church facility, but is zoned for a variety of uses.

Description

24,500 sqft | 0.562 Acres (approximate) The property is part of a church facility Developement potential - High density mixed used, affordable housing project. Prime location in vibrant Belmont area. High Density Affordable Housing Potential Feasibility study done for upto 48 affordable housing units (feasibility study in the data room/OM).

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
045-113-210
Land Assessment
$2,265,023 CAD
Improvements Assessment
$943,753 CAD
Total Assessment
$3,208,776 CAD
  • Listing ID: 32721279

  • Date on Market: 2024-08-07

  • Last Updated:

  • Address: 1315 Alameda de las Pulgas, Belmont, CA 94002

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