$1,499,000
Rare Investment / Development Opportunity! MEDIUM - DENSITY RESIDENTIAL ZONE - This flat, half-acre+ parcel comes with previously approved plans for 10 townhomes and a prior "will serve" letter from the sanitation department. Prefer a different vision? Explore the potential for a single-family home subdivision or design a private estate-style compound. The possibilities are wide open. Ideally located near Meta, Amazon's EPA campus, numerous other tech hubs, and the Bay Trail. The property also sits just minutes from the transformative "Four Corners" development. This ambitious "Four Corners" project aims to establish a vibrant, mixed-use downtown at University and Bay, anchored by a new public town square and central plaza. Surrounding amenities at "Four Corners" will include ground-floor retail, dining, community spaces, and a brand-new East Palo Alto Library directly across from City Hall. The time is now and this is your chance to be a part of transforming East Palo Alto!
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Listed by Jordan Mott with Intero Real Estate Services (408) 979-5900
Property Type
Land
Status
Active
MLS Number
ML82033617
Year Built
N/A
Lot Size
0.53 acres