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$750k Price Reduction | Browns Corner

2 Properties Offered at $3,750,000 in Woodland, CA

Investment Highlights

  • Fantastic Development Opportunity With Over $265,000 of Gross Income From (15) Existing Tenants
  • 5.35 Acres Sprawled Across Three Parcels and Located on One of the Best Hard Corners in Woodland, CA
  • Corridor Mixed Use Zoning Allows For Significant Flexibility (CMU-WN)
  • Strong Traffic Counts Along W. Main Street and County Road 98 (I-5 Business Loop)

Executive Summary

ALIVE Commercial Real Estate is excited to present Browns Corner, a fantastic redevelopment opportunity located in Woodland, CA. This prime location consists of three parcels at the intersection of W. Main and County Road 98, encompassing approximately 5.35 acres. The property offers significant potential, with existing cash flow and exceptional prospects for retail, apartment, hotel projects, or a combination of these uses. According to the city's 2035 General Plan, these parcels are designated for Corridor Mixed Use, allowing for a density of 20-40 dwelling units per acre. This zoning offers flexibility and creativity for new development, encouraging diverse housing options and considerable FAR flexibility. The new zoning code was recently approved, introducing a dynamic opportunity to develop Class A product in a market in a supply-constrained market. Go to: https://www.cityofwoodland.gov/1168/Documents for further information.

Property Facts

Price $3,750,000
Price / SF $146.48 / SF
Cap Rate 5.11%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 25,600 SF
Total Land Area 5.35 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
392 W Main St, Woodland, CA 95695 Land 5.34 AC - -
392 W Main St, Woodland, CA 95695 Retail 25,600 SF 1947 -
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  • Listing ID: 33367844

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: $750k Price Reduction | Browns Corner, Woodland, CA

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