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$1,000,000

0 Parrott Dr, San Mateo 94402

Beds--
Baths--
Sqft--
DOM127
No Photos Available

AddressIntel AI Briefing

This prime vacant lot presents an exceptional ground-up development play in a highly active San Mateo market with strong permit momentum and proven local contractor support. With a sub-$1M acquisition potential and a conservative new-build ARV near $2.7M, developers can capture a stellar 34.8% ROI on a 2,000 sqft luxury home build.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (San Mateo)

2026-07-22615 9TH AVE SAN MATEO CA 94402-1427
Single Family (Alteration/Repair) - Kitchen & Bath Remodel (Flat)
$10,000Issued
2026-07-22639 PICO AVE SAN MATEO 94403-1239 CA
Single Family (Alteration/Repair) - Kitchen & Bath Remodel (Flat)
$25,000Issued
2026-07-22128 BURBANK AVE SAN MATEO 94403-5127 CA
Single Family (Alteration/Repair) - Alter
$15,776Issued
2026-07-21142 30TH AVE Unit: B SAN MATEO CA 94403
Single Family (Alteration/Repair) - Alter
$24,271Issued
2026-07-20105 HAYWARD AVE Unit: B SAN MATEO CA 94401-4241
Single Family (Alteration/Repair) - Alter
$142,471Issued
2026-07-201825 NASH DR SAN MATEO CA 94401-3128
Single Family (New) - New
$1,405,255Issued

Parcel & Zoning Info

APN034322050
Official Lot Sqft6,026
Zoning Code--
SB 9 StatusLikely

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Nearby Public Schools

Elementary School

Baywood Elementary

San Mateo-Foster City

0.4 miles away
Middle School

Borel Middle

San Mateo-Foster City

0.4 miles away
High School

Aragon High

San Mateo Union High

0.2 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

98/100

Based on recent sales velocity and local demand in 94402.

Flippability Score

40/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

1%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Based on 6 recent sales in 94402 averaging $1,263/sqft.

Hard Costs$900,000
New Build2,250 sqft
Total Capital Required$2,075,000
Estimated Resale (ARV)$2,841,750

Projected Profit

$766,750
37.0% ROI

Recent Comparables (94402)

1883 Parrott Dr

Sold
$3,000,000
Sold: 2026-07-17
Lot: 10,241
Sqft: 2050
$/Sqft: $1,463

301 Engle Rd

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$/Sqft: $1,346

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Sold: 2026-07-15
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$/Sqft: $656

30 16th Ave

Sold
$2,800,000
Sold: 2026-07-17
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Sqft: 2360
$/Sqft: $1,186

40 Roxbury Ln

Sold
$3,599,992
Sold: 2026-07-16
Lot: 13,644
Sqft: 2450
$/Sqft: $1,469