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8601 Thornton Rd - Davis Crossing 67 SFR approved lots

6.81 Acres of Residential Land Offered at $2,800,000 in Stockton, CA 95209

Investment Highlights

  • Prime North Stockton sub-division -67 lots, Lucrative potential for affordable dream homes.

Executive Summary

Interest rates are falling and the timing is right. This property has an approved tentative map issued by the City of Stockton in January of 2023 for 67 single-family houses. The final map engineer is ready to start the final map process. All reports are available for review. Seller may consider a joint venture to build or a 1031 exchange.

Property Facts

Price $2,800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 6.81 AC

1 Lot Available

Lot

Price $2,800,000
Price Per AC $411,160
Lot Size 6.81 AC

The property is flat and all geotech tests have been passed and completed. The property will allow homeowners to have privacy and control of the sub-division.

Description

The intersection of Davis Road and Thornton Road and West of the storage facility.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
080-320-06
Land Assessment
$364,140
Improvements Assessment
$0
Total Assessment
$364,140

zoning

Zoning Code Medium Residential (Medium Residential.)
Medium Residential (Medium Residential.)
  • Listing ID: 31268499

  • Date on Market: 3/19/2024

  • Last Updated:

  • Address: 8601 Thornton Rd, Stockton, CA 95209

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