Eligible for a Great opportunity for a new apartment development. 20-25 units with a 50 ft. building height. INCREDIBLE DEVELOPMENT OPPORTUNITY! The property, according to the city of Belmont planner should accommodate new 25-30 multi-family units consisting of studios and one-bedroom units up to 50-55 feet high. Located in the heart of downtown Belmont next to Belmont City Hall and Belmont Police Department providing a convenient and secure environment. This is a fantastic opportunity for buyers or developers looking to invest in a well-located site that offers proximity to transportation, retail and essential services. Directly across the street include Safeway, Starbucks, Peets Coffee, Toto’s Pizza Parlor, Wells Fargo Bank, restaurants, yogurt shop, etc. One block away is El Camino Real with Sam Trans bus service and railway connections from San Francisco to San Jose. One block north is Ralston Ave with easy access to highways 101 and 280.