15,840 SF Development Opportunity - Located on the Gateway to the City of Saratoga
15,840 SF Development Opportunity - Located on the Gateway to the City of Saratoga
15,840 SF Development Opportunity - Located on the Gateway to the City of Saratoga
15,840 SF Development Opportunity - Located on the Gateway to the City of Saratoga
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15,840 SF Development Opportunity - Located on the Gateway to the City of Saratoga
15,840 SF Development Opportunity - Located on the Gateway to the City of Saratoga
15,840 SF Development Opportunity - Located on the Gateway to the City of Saratoga
15,840 SF Development Opportunity - Located on the Gateway to the City of Saratoga
LAND

15,840 SF Development Opportunity - Located on the Gateway to the City of Saratoga

12015 Saratoga Sunnyvale Rd, Saratoga , CA 95070

$3,500,000

PROPERTY FACTS

Sales Price: $3,500,000
Status: For Sale
Lot Size: 0.36 AC
Property Type: Land
 

INVESTMENT HIGHLIGHTS

  • 15,840 SF Development Opportunity - Located on the Gateway to the City of Saratoga
  • Deed Restriction No Longer Allowing Service Station Use at the Property
  • Investment Opportunity to Build a Mixed-Use Project
  • Rare Owner User Opportunity to Build a Freestanding Bldg. at the Corner of Saratoga Sunnyvale & Prospect Road
  • CN - Commercial Neighborhood Zoning District
  • New Uses Include - Office, Medical Office, Mixed Use, Retail and More

EXECUTIVE SUMMARY

- 15,840 SF DEVELOPMENT OPPORTUNITY LOCATED ON THE GATEWAY TO THE CITY OF SARATOGA

- The property is currently a Service Station with a Deed Restriction No Longer Allowing Service Stations, so the use must be changed, the CN – Commercial Neighborhood zoning designation allows for office and retail and with a conditional use permit medical office and mixed-use development can be approved.

- Rare owner user opportunity to build a freestanding building at the entrance of the Saratoga city limits or an investment opportunity for a mixed-use development.

- The property is situated on the corner of Saratoga Sunnyvale Rd & Prospect Rd located on the Gateway to the City of Saratoga.

- The lot is 15,840 square feet and located Infront of the Blue Hills Shopping Center.

- The property is in one of the highest barrier to entry markets in the Silicon Valley.

- The property is located on a hard corner of a 4-way intersection of Saratoga Sunnyvale Rd, Prospect Rd and S De Anza Blvd.

- Great signage and visibility with very high traffic counts.

- Extremely strong demographics with household incomes in excess of $222,000 in a 1-mile radius.

David Taxin

David Taxin

Jeremy Awdisho

Jeremy Awdisho

List With David Taxin

David provides his clients with strategic advice to help create and grow wealth through commercial real estate investments.