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- LoopNet Team
1250 Fifth Ave
Belmont, CA 94002
Owner/User Office Building | Downtown Belmont · Land For Sale · 0.31 AC
PROPERTY FACTS
| Property Type | Land | Proposed Use | Office |
| Property Subtype | Commercial | Total Lot Size | 0.31 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Office |
| Total Lot Size | 0.31 AC |
Description
MIXED-USE REDEVELOPMENT POTENTIAL The subject property is located within the boundaries of the Belmont Village Specific Plan and has a land use designation of Village Core, which allows for redevelopment with retail, office, entertainment, and residential uses CLOSE PROXIMITY TO MAJOR EMPLOYERS Minutes from the headquarters for Oracle, Electronic Arts, and Visa, as well as major employers such as Sony, Net Suite, Palo Alto Medical Foundation, Rakuten, Franklin Templeton, and Fisher Investments EASY ACCESS The subject property is located next to Safeway and Belmont City Hall near Ralston Avenue and El Camino Real and has excellent local and regional access; additionally, it is less than one-quarter mile from the Belmont Caltrain station ATTRACTIVE POPULATION AND INCOME DEMOGRAPHICS The median household income within one mile of the property is $116,537 and the population has grown by nearly 10% since 2000
PROPERTY TAXES
| Parcel Number | 045-184-130 | Improvements Assessment | $260,389 |
| Land Assessment | $1,254,622 | Total Assessment | $1,515,011 |
PROPERTY TAXES
zoning
| Zoning Code | Belmont Village Core |
| Belmont Village Core |
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