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Listed by Gary VanDam • W Real Estate
$ 299,000
Est. payment | /mo
53,143 SqFt
$ 299,000
Est. payment | /mo
53,143 SqFt
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
Square Footage 53,143 sqft
Price per Sqft $5
MLS Listing ID 324069691
HOA Y/N No
Lot Size 1.220 Acres
Acres 1.22
Property Description
Unlock the potential of this prime 1.22-acre commercial parcel in Vallejo, CA, zoned for a 30-unit multifamily residential development. With NMX zoning and partial entitlement, this vacant land presents a rare opportunity for investors seeking to capitalize on the growing demand for multifamily housing in the area. City-approved drawings for a 30-unit apartment complex are under V1 revision, with the only outstanding requirement being an environmental report. This property's strategic location and promising entitlement status make it an ideal investment opportunity for savvy land and multifamily investors looking to take advantage of Vallejo's dynamic real estate market.
Location
State CA
County Solano
Area Vallejo 1
Zoning Multi-Residential
Exterior
Fence None
Utilities Available Gas TBD, Water Available
Building
Lot Description See Remarks
Sewer TBD
Water TBD
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Shari Lorenz
Lic# 01468549