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2 Park Rd - 2 Park Road 0.64 Acres of Commercial Land Offered at $9,995,000 in Burlingame, CA 94010
INVESTMENT HIGHLIGHTS
- Prominent corner location
- Development potential.
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS Under Contract
| Price | $9,995,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units - Condo |
| No. Lots | 1 | Total Lot Size | 0.64 AC |
| Property Type | Land | ||
| Zoning | mixed-use/high density - High-density/mixed-use. | ||
| Price | $9,995,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.64 AC |
| Zoning | mixed-use/high density - High-density/mixed-use. |
1 LOT AVAILABLE
Lot
| Price | $9,995,000 | Lot Size | 0.64 AC |
| Price Per AC | $15,617,187.50 |
| Price | $9,995,000 |
| Price Per AC | $15,617,187.50 |
| Lot Size | 0.64 AC |
High identity corner in Downtown Burlingame. Leased to a Funeral Mortuary with early termination agreement available. Adjacent owners have expressed interest in adding to an Assemblage or our/their property. NDA needs to be signed to get more info.
DESCRIPTION
Rare offering of a large corner in Downtown Burlingame with excellent zoning and a friendly Planning Commission. Currently a commercial/ professional building and occupant affording income while you pursue entitlements. Adjacent owners interested in adding to this assemblage. Call Vic Borelli (415) 845-1850 or Tim Auran (650) 347-3300 for further details or access to data and the property.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,173,573 | |
| Land Assessment | $1,161,341 | Total Assessment | $2,334,914 |
PROPERTY TAXES
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2 Park Rd - 2 Park Road
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