Investment Overview
Asking Price is $675,000.
This 12.57-acre lot is made up of 2 parcels with 7.17 acres and 5.4 acres. The site provides numerous possibilities to develop.
Formerly a commercial orchard, the entrance to the property is strategically on CA Hwy 99, resulting in high visibility.
The local government is signaling strong support for Mixed-Use Development.
The front portion of the site is zoned C-MU and is ideal for a high-traffic commercial usages such as restaurants, offices or retail.
The back parcel is zoned R-2 which allows for single family homes and multifamily units.
APNs are 006-310-016 & 006-310-008.
Investment Highlights
- Zoned CMU, R-2
- Direct CA Highway 99 frontage
- Vacant land with recent Caltrans Street improvements
- Ideally suited for multifamily units
- Projected 35% population surge support
- Allows for estate home and retail center construction
- Potential for a neighborhood strip center
- Opportunity for a minimum of 20 multifamily units
- Investment possibilities subject to zoning regulations