El Camino Real - Multi-Family Development Site
Land | 3 acres Multi-Family Development Site
Marketing description
The Property is located at 665, 681, 683, and 685 El Camino Real in Sunnyvale California and totals 3.032 acres of land. The site is designated within the Sunnyvale El Camino Real Specific Plan (ECRSP) for multi-family development. The ECRSP provides for housing densities of 42 units per acre, which can be expanded by 14 units per acre if certain development criteria are achieved. Along with the residential units, the ample 438 feet of El Camino Real frontage provides a great opportunity to develop retail store fronts of approximately 20000 square feet.
Investment highlights
Located within the El Camino Real Specific Plan
Designated for multi-family-mixed use development
3.032 Acres
Approximately 438 feet of frontage on El Camino Real
Development rights of 42 units per acre
Additional Development incentives of 14 units per acre
Mixed Use - Store Front of approximately 20000 square feet
Traffic Counts of 45200 ADT along El Camino Real
Strong Residential demand with insufficient housing supply
Outstanding Schools
Tremendous high tech job market and affluent demographics
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