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Caltrain TOD M/F Site with Hotel Entitlements 915 Airport Blvd Lot | Terrain commercial | 0,27 ha | À vendre | South San Francisco, CA 94080
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 100+ unit development potential as LIHTC affordable housing project
- Existing entitlements for 115-room hotel with 78-car parking garage
- Close proximity to Oyster Point Biotech Cluster (less than 1 mile)
- $186,600 AMI in San Mateo County (2025)
- Within 0.5 miles of South San Francisco Caltrain Station with 13-minute express train ride to DT San Francisco and DT San Mateo
- Newly constructed apartment communities achieving $4-5 per square foot rents in local market
RÉSUMÉ ANALYTIQUE
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Sous-type de bien | Terrain commercial |
| Nb de lots | 1 | Usage proposé | |
| Type de bien | Terrain | Surface totale du lot | 0,27 ha |
| Zonage | TC3 - Résidentiel jusqu'à 60 unités par acre. | ||
| Type de vente | Investissement |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Terrain commercial |
| Usage proposé | |
| Surface totale du lot | 0,27 ha |
| Zonage | TC3 - Résidentiel jusqu'à 60 unités par acre. |
1 LOT DISPONIBLE
Lot
| Surface du lot | 0,27 ha |
| Surface du lot | 0,27 ha |
915 Airport is zoned T3C allowing up to 60 units per acre at a maximum FAR of 2.25 with a 50-foot height limit and a 65% maximum lot coverage ratio. The Property is a strong candidate for LIHTC affordable housing development.
DESCRIPTION
+/-28,750 SF (+/-0.66 acres) of land with close proximity to Oyster Point, world's largest biotech and life sciences cluster with 250+ companies occupying 12 MSF. Previously approved for 115-room upscale hotel totaling +/-79,159 SF, including ground floor restaurant/lounge area, 78-car parking garage and convenient passenger drive-up and drop-off loading area. 384,286 population with 120,313 households in 5-mile radius (2024). 6,000+ population growth projected in next 5 years. $1,325,000 median home price in Diamond Heights/Peck's Lot neighborhood (April 2025, Redfin). South San Francisco population of 65,397 with $135,909 median household income and 3.8% unemployment rate.
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Caltrain TOD M/F Site with Hotel Entitlements | 915 Airport Blvd
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