Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

968 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1880 Olive

18 Acres of Agricultural Land in Patterson, CA 95363

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Executive Summary

This is the time to buy land and develop in Patterson. According to Redfin, Patterson's average home sales price increased 24.4% in the last 12 months. Sales activity has increased 68.8%. New building permits have increased 464% from 2019 - 2020.

2024 Villages of Patterson

Property Facts

Sale Type	Investment	Property Subtype	Agricultural
No. Lots	1	Total Lot Size	18.00 AC
Property Type	Land	Cross Streets	North First Street

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Agricultural
Total Lot Size	18.00 AC
Cross Streets	North First Street

1 Lot Available

Lot

Lot Size	18.00 AC

Lot Size	18.00 AC

This property is +/-18 acres of land covered under the Villages of Patterson Development Agreement and zoned Medium Density Residential (5-12 Units/Acre). Villages of Patterson is a 692-acre Master Planned Community

Description

Home builder confidence soars; Patterson continues to be an exceptional investment opportunity -We are offering +/-18 acres of approved land, ready for tentative and final maps. -The parcel is a part of a 692 acre master plan development called the Villages of Patterson ("VOP") -The opportunity is already proven by major developers' investments; sales prices continue to grow -Two major public developers are currently building and seeing significant returns within VOP (K. Hovnanian and KB Homes). -Absorption rates are greatly exceeding expectations. -New home sale prices have increased $90,000 to $100,000 per home within 12 months. -Patterson is a beautiful small town with room to grow & raise a family. -Patterson is one of the most under-penetrated upcoming cities in the Central Valley of California. -It is located on Interstate 5, a critical link to Interstate 580 and the Bay Area. It is also close to State Highway 99 an important link between the cities of the Central Valley.

PROPERTY TAXES

Parcel Number	047-31-35	Improvements Assessment	$0
Land Assessment	$198,895	Total Assessment	$198,895

PROPERTY TAXES

Parcel Number

047-31-35

Land Assessment

$198,895

Improvements Assessment

Total Assessment

$198,895

zoning

Zoning Code	MDR
MDR

Listing ID: 23477038
Date on Market: 6/21/2021
Last Updated:
Address: 1880 Olive, Patterson, CA 95363

1 of 5

VIDEOS

3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1/5

1880 Olive, Patterson, CA for sale Building Photo- Image 1 of 5 — Fountain roundabout in Patterson

1880 Olive, Patterson, CA for sale Building Photo- Image 2 of 5 — VOP Ramos Image

1880 Olive, Patterson, CA for sale Building Photo- Image 3 of 5 — VOP Ramos Image

1880 Olive, Patterson, CA for sale Site Plan- Image 4 of 5 — VOP Sites 2024

1 of 1

This feature is unavailable at the moment.