678 Ralston Ave
Belmont, CA 94002
Land For Sale
·
0.36 AC
Investment Highlights
- One block to the Belmont Caltrain Station, a short walk to El Camino Real, shopping and restaurants.
- Rare San Mateo County Development Opporunity
- 50 Foot Height Limit
- High Nearby Household Income
Property Facts
| Property Type | Land | Total Lot Size | 0.36 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Apartment Units | ||
| Zoning | CMU | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.36 AC |
| No. Stories | 1 |
| Zoning | CMU |
Description
Compass Commercial is pleased to present the rare opportunity to acquire a prime development site located in Belmont CA. 678 Ralston Ave consists of a 15,700 +/- square foot lot, and a 2,880 +/- square foot building, and is located within the 80-acre zoning district known as “Belmont Village”. Due to it's proximity to transit, including convenient access to rail and freeway transportation, Belmont Village has been identified as an area for potential future growth and has been designated as a “Priority Development Area” (PDA) by the Bay Area’s Regional planning agency. Within BSVP there specific zonings. 678 Ralston falls under “Village Corridor Mixed Use” (VCMU) where High-density residential is permitted and encouraged to be developed. The site's favorable zoning combined with being one block to the Belmont Caltrain Station, a short walk to El Camino Real, shopping and restaurants, and having convenient access to Highways 101, 92 and 280, make 678 Ralston an excellent opportunity for a developer.
Property Taxes
| Parcel Number | 040-313-280 | Improvements Assessment | $10,200 |
| Land Assessment | $4,630,800 | Total Assessment | $4,641,000 |
Property Taxes
