125 Aspen Dr 0.45 Acres of Residential Land Offered at $1,290,000 in Martinez, CA 94553

EXECUTIVE SUMMARY

By right, an 18 units three story development opportunity in the heart of Contra Costa County near Interstate 680 and State Hwy 4. With a newly adopted ordinance, a developer could build up to 4 stories and up to 27 units.

PROPERTY FACTS

Price $1,290,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 0.45 AC
Zoning HE-C

1 LOT AVAILABLE

Lot

Price $1,290,000
Price Per AC $2,866,666.67
Lot Size 0.45 AC

DESCRIPTION

• 18 -27 Multifamily/Mixed Use development opportunity • High Demand Rental Market – 59% of all households within 5 miles are made up of 1 person and 2 person households. • Convenient location less than 1.2 miles from Interstate 680 and State Highway 4 • Less than 1 miles from Buchanan Field Airport • Major retail less than 1 mile away • Diablo Valley College 1.25 miles away • Nearby elementary, middle, and high schools all less than 1.5 miles away • Low crime index area • Nearby parks and golf courses • Walkability score of 74 out of 100 • 3 miles to the North Concord/Martinez and Concord BART stations (Bay Area Rapid Transit), 43 minutes to San Francisco • World Class health facilities such as John Muir Hospitals and Medical Campus & more minutes away

PROPERTY TAXES

  • Listing ID: 31380677

  • Date on Market: 4/1/2024

  • Last Updated:

  • Address: 125 Aspen Dr, Martinez, CA 94553