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5877 State Highway 49 N - Princeton Ranch Land Development
981 Acres of Commercial Land in Mariposa, CA 95338
Investment Highlights
- Topography relatively flat with gentle rolling hills
- High Multifamily demand from Yosemite to UC Merced
Property Facts
Sale Type | Investment | Proposed Use | Mixed Use |
No. Lots | 1 | Total Lot Size | 981.00 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Property Subtype | Commercial |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Mixed Use |
Total Lot Size | 981.00 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Lot Size | 981.00 AC |
Lot Size | 981.00 AC |
Two Parcels totaling 981 Acres Principal owns a 2/3rd interest as a Tenant in Common to the 781-acre parcel (APN# 012-120-007) and 100% fee title ownership in the 200-acre parcel (APN # 012-140-013) Joint Venture Partner Preferred
Description
Two Parcels totaling 981 Acres Principal owns a 2/3rd interest as a Tenant in Common to the 781-acre parcel (APN# 012-120-007) and 100% fee title ownership in the 200-acre parcel (APN # 012-140-013) Joint Venture Partner Preferred DEVELOPMENT POTENTIAL - Topography Relative flat with Gentle Rolling Hills - High-Density Single Family Residential - High Multifamily demand from Yosemite to UC Merced - Mixed-use Commercial/ Retail - Strongly Supported by Mariposa County Planning Dept. Next to: - 45 Minutes to Yosemite National Park - 45 Minutes to UC Merced - Yosemite-Mariposa Airport University of California, Merced - UC Merced is the newest campus in the world-renowned UC system. Development on the campus is planned to have 10,000 by 2020. This will be a tremendous demand generator for housing for students, faculty, and staff. Next to Yosemite National Park The main street of Mariposa is also Highway 140 which connects to a park entrance for Yosemite National Park. The park entrance is about 30 minutes from Mariposa/ Development Location. - Natural Beauty and Open Space - Capture Tourist Traffic to Yosemite National Park - Yosemite Park Demand for Housing & Office Space
PROPERTY TAXES
Parcel Number | 012-120-0070 | Improvements Assessment | $13,333 |
Land Assessment | $1,263,333 | Total Assessment | $1,276,666 |
PROPERTY TAXES
zoning
Zoning Code | 241C |
241C |
Presented by
5877 State Highway 49 N - Princeton Ranch Land Development
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