1100 Norton ST new

San Mateo,CA 94401

$ 1400000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82025400

Lot Size 0.265 Acres

Property Description

An exceptional opportunity awaits developers and builders to construct new housing in the high-demand San Mateo market. This generous, cleared lot, measuring approximately 11,548 square feet (over a quarter-acre), is a prime canvas for a multi-unit residential project. Development Highlights: Shovel-Ready Site: The lot has been fully cleared following a fire and is ready for new construction, eliminating significant demolition costs and delays. Multi-Family Potential: The lot size strongly supports multi-family development, such as a Condo/Townhome complex or a Duplex/Triplex (subject to specific zoning).High-Density Zoning Advantage: Depending on the parcel's specific zoning (likely R-3, R-4, or R-5), the density allowance for a 11,548 sq. ft. lot can be significant, offering a strong return on investment. Potential Unit Count: At the typical medium-to-high density rates in San Mateo (e.g., R-3/R-4, which can require a minimum of 1,000 to 2,000 sq. ft. per dwelling unit), this lot may allow for 5 to 11+ dwelling units (excluding ADUs/JADUs), subject to final development review and floor area ratio (FAR) limits.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R1000C

Exterior

Utilities Available Natural Gas Available

Building

Water Public

Schools

School District Other

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