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Listed by Hakan Cildir • Realty One Group Extreme
$ 1,400,000
Est. payment /mo
New
1100 Norton Street San Mateo, CA 94401
11,548 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Lots and Land
Listing Status Active
Purchase Type For Sale
Square Footage 11,548 sqft
Price per Sqft $121
MLS Listing ID ML82025400
HOA Y/N No
Lot Size 0.265 Acres
Property Sub-Type Comm Lots and Land
Source Datashare MLSListings
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
Interior
Fireplace No
Building
Lot Description Level, Rectangular Lot
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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