Developer's Opportunity!!! Great Location! Rarely find 1.12 Acres lot located in the West side of freeway 101 right off University Ave.. It is in the border of Palo Alto. It closes to most major employment companies. 2.1 miles from Stanford University, 4 Miles for Google complex, and 3.5 from Meta Headquarters. The Conceptual Yield Study shows 33-34 units townhouse and 44 units if apartment. The property originally was a mobile home park. The mobile home park had closed officially. It is ready for the redevelopment.
Individual Electric Meters, Individual Gas Meters
|Price Reduced (from $10,180,000)||$8,999,000||$1,181,000 (11.60%)|
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