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300 Sequoia cir - Total of ±2.03 Acres W/Tentative Map for 48 M
2.03 Acres of Commercial Land Offered at $645,000 in Porterville, CA 93257
Investment Highlights
- Free And Clear Parcel Ready For Developers Concept
- All Curb, Gutter, Street Lighting, & Underground Utilities In Place
- High Density That Allows Reduction in Minimum Setbacks
- Proposed 48 Multifamily Apartment Development
- 48 Units | (5) Two-Story Buildings | (16) Two Bed & (32) One Bed
- ±2.03 Acres On (7) Parcels | Shovel-ready w/ Utilities @ Site
Executive Summary
Property Facts
Price | $645,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
No. Lots | 1 | Total Lot Size | 2.03 AC |
Price | $645,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 2.03 AC |
1 Lot Available
Lot
Price | $645,000 | Lot Size | 2.03 AC |
Price Per AC | $317,734 |
Price | $645,000 |
Price Per AC | $317,734 |
Lot Size | 2.03 AC |
Description
The site plan consists of seven parcels totaling ±2.03 Acres (±88,426.8 SF) with tentative map good for 48 multifamily apartment units. Parcels are located in a fantastic area for residential and multi-family housing due to the close proximity to many surrounding schools. Offers many nearby commercial amenities, as well as a neighboring planned development of additional apartment units. Project consists of (5) freestanding buildings with three different building types to produce (32) 1-bedroom units & (16) 2-bedroom units. The project provides ample parking with 2 1/2 cars per unit (124 spaces), 10,000 SF of open space, of which 9,600 SF has active open space, and plans for a quality rod iron fence. These parcels are located just off Highway 65 - north of W Henderson Avenue, east of N G St, south of N Main St and W of N Jaye St in Porterville, California. Porterville is a city in the San Joaquin Valley, in Tulare County, California, United States. It is part of the Visalia-Porterville metropolitan statistical area. Since its incorporation in 1902, the city's population has grown as it annexed nearby unincorporated areas. The city's 2021 population (not including East Porterville) was estimated at 62,742. Porterville serves as a gateway to Sequoia National Forest, Giant Sequoia National Monument and Kings Canyon National Park.
zoning
Zoning Code | RM-3 (High Density Residential) |
RM-3 (High Density Residential) |
Presented by
300 Sequoia cir - Total of ±2.03 Acres W/Tentative Map for 48 M
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