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17630 Penn Valley Dr

7.85 Acres of Commercial Land Offered at $1,850,000 in Penn Valley, CA 95946

Commercial Land California Penn Valley 17630 Penn Valley Dr, Penn Valley, CA 95946

Investment Highlights

  • Zoned Commercial approved for High Density Multi-Family Housing.

Executive Summary

Located in center of Downtown District of Penn Valley this 7.85 acre parcel is suitable for multiple potential high density residential, commercial and/or mixed use.
Zoned Commercial w/ High Density Housing Overlay District for 80 +/- apartments. Strong potential for affordable housing, senior housing developer.
Close to Lake Wildwood and many amenities with a Dollar General and Post office on adjacent parcels.
Owner willing to subdivide/parcel for individual purposing.

Property Facts

Price $1,850,000 Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Community Center
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Industrial Park
  • Medical
  • Motel
  • Office Park
  • Planned Unit Development
  • Retail Warehouse
  • Self Storage
  • Single Family Development
No. Lots 1 Total Lot Size 7.85 AC
Property Type Land
Price $1,850,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Community Center
  • Hold For Development
  • Hold For Investment
  • Hospital
  • Hotel
  • Industrial Park
  • Medical
  • Motel
  • Office Park
  • Planned Unit Development
  • Retail Warehouse
  • Self Storage
  • Single Family Development
Total Lot Size 7.85 AC

1 Lot Available

Lot

Price $1,850,000 Lot Size 7.85 AC
Price Per AC $235,669
Price $1,850,000
Price Per AC $235,669
Lot Size 7.85 AC

Zoned Commercial w/ High Density Housing Overlay District - allows 80 +/- units along with commercial/mixed use.

Description

Zoned Commercial w/ High Density Housing Overlay District for 80 +/- apartments. Strong potential for affordable housing, senior housing developer. Close to Lake Wildwood and many amenities with a Dollar General and Post office on adjacent parcels. Owner willing to subdivide/parcel for individual purposing.

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PROPERTY TAXES

Parcel Number 051-120-022-000 Improvements Assessment $0
Land Assessment $408,260 Total Assessment $408,260

PROPERTY TAXES

Parcel Number
051-120-022-000
Land Assessment
$408,260
Improvements Assessment
$0
Total Assessment
$408,260

zoning

Zoning Code Commercial - Multi-Family (Commercial mixed use with high density housing overlay.)
Commercial - Multi-Family (Commercial mixed use with high density housing overlay.)
(530) 789-4993

Contact

  • Dave Ott
    Dave Ott
  • Yuba Sutter Real Estate Group

  • Listing ID: 34186230

  • Date on Market: 11/7/2024

  • Last Updated:

  • Address: 17630 Penn Valley Dr, Penn Valley, CA 95946

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17630 Penn Valley Dr
(530) 789-4993 x

17630 Penn Valley Dr

Dave Ott

(530) 789-4993

(530) 789-4993

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