1893 Woodland Ave - Residential LAND FOR SALE


East Palo Alto, CA 94303 46,609 SF
$6,399,000 USD
408-203-1128
1893 Woodland Ave, East Palo Alto, CA for Sale
$6,399,000 USD
Residential LAND - FOR SALE
1/17
46,609 SF

1893 Woodland Ave
East Palo Alto, CA 94303


HIGHLIGHTS

  • Situated close to major employers such as Stanford, Meta Headquarters, Amazon EPA offices, Google, Intuit, Linkedin, and Palo Alto Downtown.
  • The Conceptual Yield Study indicates a potential for 33-34 townhouse units or 44 apartment units.
  • Developers may have the opportunity to receive credits for utility connections and housing fees from the city of East Palo Alto.
  • Easy regional access—located just off University Ave. and West of Hwy-101.
  • Opportunity Zone designation, offering potential tax benefits to investors.
  • Previously fully-serviced site, with utilities historically available.

OVERVIEW

Attention Developers! This is an excellent and rare opportunity to establish a new subdivision in a prime location! Situated close to major employers such as Stanford University, Stanford Hospital, Meta Headquarters, Amazon EPA offices, and Palo Alto downtown, with easy access to Google, LinkedIn, and more. The property is located on the west side of Freeway 101, just off University Ave., and borders Palo Alto. The Conceptual Yield Study indicates a potential for 33-34 townhouse units or 44 apartment units, a strong feasibility for medium-density residential development, including options for townhomes or a 4-story multifamily configuration. Originally a mobile home park, all utilities were connected to the property but were subsequently removed upon the closure of the park. The mobile home park has since been officially closed. Developers may have the opportunity to receive credits for utility connections and housing fees from the city of East Palo Alto due to the property's prior operational use. In addition, the subject property is assigned to Menlo-Atherton High School. It is primed and ready for redevelopment. This property has exceptional access to major employment hubs, transportation corridors, and community amenities, strengthening its investment profile, positioning the property as a turnkey development site ready for entitlement and design.

FOR SALE DETAILS

PRICE

$6,399,000 USD

PRICE/ACRE

$5,980,399/AC

PRICE/SF

$137 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo, Planned Unit Development

LAND ACRES

1.07 AC

LAND SF

46,609 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets

ZONING

R-MD-1

APN/PARCEL ID

063-501-010

ASK ABOUT THIS PROPERTY

Jenny HuangColdwell BankerMore Info
408-203-1128

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Jenny HuangColdwell BankerMore Info
408-203-1128

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.