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84 Bellevue Ave - Residential Development Site
1.44 Acres of Residential Land Offered at $745,000 in Santa Rosa, CA 95407
Investment Highlights
- Vacant, ready-to-build.
- Easy freeway access, vibrant amenities.
- State density bonus eligible.
- Environmental compliance confirmed.
- Multi-family development opportunity.
Executive Summary
Discover the perfect investment opportunity with this exceptional 1.44-acre residential development parcel in Santa Rosa. This flat, ready-to-build property presents a unique chance to develop your own apartment complex or multi-family dwelling units.
Take advantage of the state density bonus to maximize your building capacity and increase the number of units, optimizing your potential for long-term cash flow. With zoning allowing up to 10 dwelling units per acre, you can fully capitalize on this prime location.
The property’s strategic location offers easy access to the 101 freeway, putting you close to key employment centers, efficient transportation, and vibrant local amenities including restaurants, breweries, and outdoor recreational areas. Additionally, it is near some of the region's finest wineries, enhancing its appeal.
Property Facts
| Price | $745,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Build to Suit | Total Lot Size | 1.44 AC |
| No. Lots | 1 |
| Price | $745,000 |
| Sale Type | Investment |
| Sale Conditions | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.44 AC |
1 Lot Available
Lot
| Price | $745,000 | Lot Size | 1.44 AC |
| Price Per AC | $517,361 |
| Price | $745,000 |
| Price Per AC | $517,361 |
| Lot Size | 1.44 AC |
Explore a 1.44-acre development parcel in Santa Rosa. Ideal for an apartment complex with potential for high-density building. Near the 101, jobs, dining, and wineries.
Description
Seller financing is available with a $275K down payment. This exceptional 1.44-acre residential development parcel in Santa Rosa offers an unparalleled opportunity for builders and developers. The flat, fill-in land is primed for creating an apartment complex or multi-family units, with a zoning allowance for up to 10 dwelling units per acre. Investors can leverage the state density bonus to increase building capacity and unit count, maximizing potential long-term cash flow. Strategically located with convenient access to the 101 freeway, the property is close to employment hubs, transportation, and local amenities including restaurants, breweries, and top regional wineries. The parcel is currently vacant, with environmental reports available confirming that Tiger salamanders do not impact its buildability. This is a prime chance to contribute to Santa Rosa's thriving real estate market.
PROPERTY TAXES
| Parcel Number | 043-144-004 | Improvements Assessment | $0 |
| Land Assessment | $296,692 | Total Assessment | $296,692 |
PROPERTY TAXES
zoning
| Zoning Code | Residential Vacant Land (The zoning and land use density allows for 10 dwelling units per acre. The subject parcel is approximately 1.44 acres.) |
| Residential Vacant Land (The zoning and land use density allows for 10 dwelling units per acre. The subject parcel is approximately 1.44 acres.) |
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Corey Murphy - Murphy Housing
Presented by
Murphy Housing
84 Bellevue Ave - Residential Development Site
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