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1299 Boulevard Way

0.31 Acres of Commercial Land Offered at $814,000 in Walnut Creek, CA 94595

Investment Highlights

  • Prime location. Situated in Walnut Creek, the property benefits from excellent accessibility and visibility, with easy access to major thoroughfares.
  • The property’s corner location enhances its visibility and accessibility.
  • Located in a P-1 zoning district, the property supports a wide range of commercial and residential uses, including grocery stores, restaurants, & more

Executive Summary

Newmark, as the exclusive advisor, is pleased to present an opportunity to acquire a vacant corner lot located at 1299 Boulevard Way in Walnut Creek, California. The Property comprises approximately 0.31 acres and offers significant potential for development. This prime location is ideal for a small townhome development, multifamily uses, and various commercial opportunities, including grocery stores, restaurants, offices, and retail businesses, presenting a valuable investment opportunity for developers to capitalize on the area’s strong demand for both housing and commercial services.

Property Facts

Price $814,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
Total Lot Size 0.31 AC

1 Lot Available

Lot

Price $814,000
Price Per AC $2,625,806
Lot Size 0.31 AC

The vacant lot spans approximately 0.31 acres, offering ample space for a variety of potential projects to meet local demand.

Description

Situated in Walnut Creek, the property benefits from excellent accessibility and visibility, with easy access to major thoroughfares and nearby amenities. The vacant lot spans approximately 0.31 acres, offering ample space for a variety of potential projects to meet local demand. Located in a P-1 zoning district, the property supports a wide range of commercial and residential uses, including grocery stores, restaurants, offices, hotels, retail businesses, beauty shops, laundries, and take-out food establishments. The property’s corner location enhances its visibility and accessibility.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
185-370-033-2
Land Assessment
$739,587
Improvements Assessment
$0
Total Assessment
$739,587

zoning

Zoning Code P-1 (Planned Unit Development)
P-1 (Planned Unit Development)
  • Listing ID: 32998717

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 1299 Boulevard Way, Walnut Creek, CA 94595

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