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1 Wilder Rd

1.17 Acres of Commercial Land Offered at $4,000,000 in Orinda, CA 94563

INVESTMENT HIGHLIGHTS

  • This fully entitled 1.17-acre lot allows for the development of a new 38-unit senior living and memory care facility.
  • Supported by a 5-mile population of 281,000, with more than 30% currently aged 55 or older and healthcare spending exceeding $217M in 2024.
  • Placed just off State Route 24, connecting to Orinda in less than 5 mins, Downtown Oakland in 15 mins, and San Francisco in 30 mins.
  • Sits within a beautiful Easy Bay suburb defined by lush parks, regional preserves, and national and regional trail systems.

EXECUTIVE SUMMARY

Senior Living Investment Brokerage invites developers to seize this rare, entitled land with renderings and floor/site plans for a new senior housing development at 1 Wilder Road in the East Bay suburb of Orinda, California.

Discover the potential of this exceptional 1.17-acre parcel. The current plans allow for 38 units across a 31,113-square-foot facility with a highly versatile layout. Highly desirable features throughout the property will include spacious rooms, accessible common areas, office spaces, a beauty salon, a lounge, and a large courtyard. There will also be abundant guest and visitor parking on-site.

An incredible location just off State Route 24 provides the site with unmatched accessibility and visibility. More than 177,000 vehicles travel along this vital arterial each day, which connects to downtown Orinda in less than five minutes and Downtown Oakland in less than 15 minutes. Numerous quality shopping and dining amenities are reachable within minutes, enhancing the property’s appeal for active seniors. The city is served by the Orinda Station on the Bay Area Rapid Transit (BART) Yellow Line and Route 6 of the County Connection, providing convenient public transportation options. Access to quality medical care sets this location apart from other senior living developments. Alta Bates Summit Medical Center, located approximately 7 miles from Orinda Entitled Land, offers medical services and care to the greater Bay Area.

Located East of Oakland and within 30 minutes of Downtown San Francisco, Orinda is a distinguished community in southwest Contra Costa County, California. This family-oriented community offers its residents a serene setting in contrast to the more urban surroundings. Natural beauty, excellent schools, safety, history, culture, serenity, and proximity to major San Francisco Bay locations and activities, along with easy freeway access and its own BART station, make Orinda a delightful place to live, visit, and shop.

Outdoor lovers will feel at home in this peaceful and scenic destination. The city is surrounded by several large parks and regional preserves, including Tilden Park, San Pablo Recreation Area, Briones Reservoir, and Lafayette Reservoir. Orinda is also at the crossroads of many National and Regional Trail systems, including the American Discovery Trail, the DeLaveaga Trail, and the East Bay Regional Park District.

Orinda’s high-quality of living and proximity to major metropolitan centers have driven a robust demographic profile of potential residents within 5 miles of the land. The population of more than 281,000 is aging, with over 30% of residents currently 55 or older, a number that is expected to grow in the coming years. Senior residents deliver an elevated need for quality healthcare and assisted living communities, driving consumer spending of more than $217 million on healthcare spending in 2024.

For more information please reachout to the listing team: Brad Goodsell at goodsell@slibinc.com and Shani Shtern at sshtern@slibinc.com.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER AC
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $4,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units - Senior
Total Lot Size 1.17 AC

1 LOT AVAILABLE

Lot

Price $4,000,000
Price Per AC $3,418,803.42
Lot Size 1.17 AC

1.17 acre parcel, entitled for 38 units of seniors housing development in upscale Orinda, CA. The parcel offers visibility from the freeway, with easy on/off access.

SALE ADVISORS

SALE ADVISORS

(312) 887-0387
Contact
Brad Goodsell, Executive Vice President
(312) 887-0387
Contact
Brad Goodsell, Executive Vice President, joined SLIB in 2016. Since then, he has partnered with Jason Punzel, Managing Director, on the sale of over $1.1 billion of seniors assets in California, Arizona and the greater West Coast.Brad earned a degree in Business Marketing from Bethel University in St. Paul, MN.He lives in Geneva, IL with his wife and daughter, and is avid sports fan, following the Green Bay Packers and Kansas State Wildcats.  Brad also volunteers on the board of Blue Line Chaplains, a law-enforcement focused non-profit based in Wisconsin.
  • Listing ID: 34162888

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 1 Wilder Rd, Orinda, CA 94563

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