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Lincoln Blvd. and Sterling PKW - Lincoln Square

8.43 Acres of Commercial Land Offered at $7,700,000 in Lincoln, CA 95648

Executive Summary

List Price $7,700,000 - Sale requires court approval and subject to overbids.

Property Facts

Price $7,700,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Hospitality
  • Auto Dealership
  • Carwash
  • Community Center
  • Convenience Store
  • Distribution
  • Fast Food
  • Garden Center
  • Health Club
  • Hotel
  • Office Park
  • Restaurant
  • Retail Warehouse
  • Service Station
  • Strip Center
  • Theater or Concert Hall
  • Amusement Park
Total Lot Size 8.43 AC

1 Lot Available

Lot

Price $7,700,000
Price Per AC $913,405
Lot Size 8.43 AC

The property consists currently of two parcels and just received tentative map approval to divide it into 6 parcels. The site is graded, drive aisles have been paved, curb cuts, sewer, and water are already installed.

Description

The site has onsite and offsite improvements previously installed including sewer, water, and electricity. Buyer to verify and complete their own field investigation. Drive aisles, curbs and curb cuts have been installed. The City of Lincoln has allocated $500,000 for the installation of a U-turn lane on Sterling Parkway.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 021-274-057
  • 021-274-054
Land Assessment
$3,641,400
Improvements Assessment
$0
Total Assessment
$3,641,400

zoning

Zoning Code Retail-Commercial (Zoning provides a wide range of commercial uses. All uses listed above to be Verified with the City of Lincoln.)
Retail-Commercial (Zoning provides a wide range of commercial uses. All uses listed above to be Verified with the City of Lincoln.)
  • Listing ID: 33787870

  • Date on Market: 11/7/2024

  • Last Updated:

  • Address: Lincoln Blvd. and Sterling PKW, Lincoln, CA 95648

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