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0 Carolina -1 - Fully Entitled 5-Unit Investment
0.15 Acres of Commercial Land Offered at $490,000 in Vallejo, CA 94590
Investment Highlights
- Vallejo Historic District
- High Demand Rental Location
- Near Numerous Shops and Restaurants Nearby
- Central Location
Property Facts
| Price | $490,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| Sale Conditions | 1031 Exchange | Total Lot Size | 0.15 AC |
| No. Lots | 1 | Cross Streets | Marin Street |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $490,000 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.15 AC |
| Cross Streets | Marin Street |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $490,000 | Lot Size | 0.15 AC |
| Price Per AC | $3,288,591 |
| Price | $490,000 |
| Price Per AC | $3,288,591 |
| Lot Size | 0.15 AC |
Description
Fantastic fully entitled opportunity in Vallejo's Historic District. Build the approved plans for a 5 unit multi-family building. All five units are 2 bedroom with 1 bathroom units and a private balcony for each. Two of the units are ADA compliant. Construction Drawings are under review and are expected to be approved soon. Nearly level 6,500 SF lot with plans for an 8,504 SF building. Excellent value-add opportunity for a developer to step in and build a nearly shovel ready development. Great location.
PROPERTY TAXES
| Parcel Number | 0056-134-140 | Improvements Assessment | $0 |
| Land Assessment | $28,876 | Total Assessment | $28,876 |
PROPERTY TAXES
zoning
| Zoning Code | Commercial |
| Commercial |
-
Nathaniel Reinke -
KW Commercial Real Estate
Presented by
0 Carolina -1 - Fully Entitled 5-Unit Investment
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