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38555 Overacker ave.
2.04 Acres of Residential Land Offered at $15,000,000 in Fremont, CA 94536
Investment Highlights
- Prime new site for a center city development of multiple units. Buyer shall process with the city, as per state mandate, for multiple units.
- All utilities are on site.
- Close to Fremont's main hospital, main roads, bart, schools and freeways.
Executive Summary
Property Facts
| Price | $15,000,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 2.04 AC |
| Price | $15,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.04 AC |
1 Lot Available
Lot 5074305
| Price | $15,000,000 | Lot Size | 2.04 AC |
| Price Per AC | $7,352,941 |
| Price | $15,000,000 |
| Price Per AC | $7,352,941 |
| Lot Size | 2.04 AC |
The treasure of Fremont! 2+ acres residential in the middle of Fremont. Possible zoning for high density housing. At its current R1-6 zoning value is there, as up to 28 homes may be permitted. There is nothing like this property for sale in Fremont.
Description
Old estate ready for a new development of prime housing in a prime location. With the state permitting second home on each lot you have here a potential of 28 homes. That will bring the cost per home lot to $535k/home. With the prices in the 1.75 to 2 million each you have a good flow of cash in this project. Call only if you are or have a serious buyer. No carry over of loans. All cash. Hurry, a few potential buyers are looking at the property now. Come and get it before****
zoning
| Zoning Code | R1-6000 (Single family. Likely that buyer will apply to rezone to multiple units) |
| R1-6000 (Single family. Likely that buyer will apply to rezone to multiple units) |
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Amos Picker - Show and Sell Realty
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Show and Sell Realty
38555 Overacker ave.
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