For Sale

Sunset Colony

9275 Live Oak Blvd,
Live Oak, CA 95953

Asset Snapshot

12.50 Acres
Land Area

Offering Summary

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

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Listing Syndicated From

Buildout
For Sale
$675,000
Asking Price