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446 W Ventura St - Price Redux: 3.22 AC Parcel w/ Mixed Zoning

3.22 Acres of Commercial Land Offered at $4,100,000 in Fillmore, CA 93015

Investment Highlights

  • Split zoning: Retail zoning along Hwy. 126 & residential zoning to the south create a residential development opportunity.
  • 2nd neighboring parcel has 88-unit Mixed-Use apartment over Retail project permitted.
  • Neighboring parcel has proposed 4-story 350-unit Mixed-Use apartments over Retail Mixed-Use project.
  • Close proximity to Fillmore City Hall, Vons, Rite Aid, Wells Fargo, Starbucks and schools.

Executive Summary

First time the property has been on the market in more than 60 years.
Mixed Zoning: Central Business District, Residential 1–7 & Highway Commercial.
Split zoning: Retail zoning along Hwy. 126 & residential zoning to the south create a residential development opportunity.
Newhall Ranch development to the east of Fillmore will bring & an additional 20,000 residential units to the region.
Possible retail pad opportunity for ground lease.
NOI From Storage Units: $146,229 (expenses based on an estimate)
Contact Listing Agents for further details.

Attachments

PRICE REDUCTION

Property Facts

Price $4,100,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Single Family Development
  • Storefront, Retail or Residential
Total Lot Size 3.22 AC

1 Lot Available

Lot

Price $4,100,000
Price Per AC $1,273,292
Lot Size 3.22 AC

• ±3.22 acre parcel with potential ±25,000 square foot highway retail pad at signalized intersection. • Potential medium-to-high density Mixed-Use residential development along southern portion of property. Contact Listing Agents for details.

Description

First time the property has been on the market in more than 60 years. Mixed Zoning: Central Business District, Residential 1–7 & Highway Commercial. Split zoning: Retail zoning along Hwy. 126 & residential zoning to the south create a residential development opportunity. Newhall Ranch development to the east of Fillmore will bring & an additional 20,000 residential units to the region. Possible retail pad opportunity for ground lease. Contact Listing Agents for further details.

Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
053-0-131-140
Land Assessment
$168,688
Improvements Assessment
$606,699
Total Assessment
$775,387

zoning

Zoning Code CBD; Residential 1-7 (Mixed Zoning: Central Business District, Residential 1–7 & Highway Commercial)
CBD; Residential 1-7 (Mixed Zoning: Central Business District, Residential 1–7 & Highway Commercial)
  • Listing ID: 30339862

  • Date on Market: 12/11/2023

  • Last Updated:

  • Address: 446 W Ventura St, Fillmore, CA 93015

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