KR was retained by the City of Daly City as Successor Agency to the Former Redevelopment Agency of Daly City to provide marketing and brokerage services in connection with two (2) properties listed in the Successor Agency Long Range Property Management Plan (LRPMP) designed for disposition with proceeds to be distributed to affected taxing entities.
KR reached out and partnered with local broker Hildebrand Real Estate Group to list the properties, field potential buyer inquiries, coordinate sale contracts, and assist with closing and escrow documentation. Both properties successfully attracted market-rate buyers. Future development on these sites will generate property tax, needed housing, and other community and economic benefits.
- Approximately 1,831 SF existing structure
- Located on key arterial (Geneva Ave) & proximate to Cow Palace
- Owned by Successor Agency; designated for liquidation
- Comm. -Mixed Use (General Plan); Light Comm., C-1 (Zoning)
Bldg. Size (AC): .04
Bldg. Size (SF): 1,831
Property Type: Retail
Preferred Development: Retail
Address: 2960 Geneva Ave
City: Daly City
Zip Code: 94014
Area: Daly City
County: San Mateo