Shovel-ready multifamily development opportunity. This approximately 15,000 sq. ft. lot is APPROVED for two 4-plex apartments, offering the potential for eight total units. PLANS have been APPROVED, permits are ready to be pulled, and major pre-development work has already been completed, including school fees, PG&E deposits and utility fees, pad preparation, and compaction testing. With much of the time-consuming entitlement process already behind you, this property offers an excellent opportunity for builders and investors to break ground quickly and capitalize on a turnkey development project.
Lot Size
15,000 sqft
Days on Market
0
HOA Fee
N/A
MLS #
MC26165216
Lot Features
Lawn
Water Source
Public
Street Lights, Sidewalks
$0
| Rating | School Name |
|---|---|
3 | Margaret Sheehy Elementary Elementary School |
3 | Leontine Gracey Elementary Elementary School |
2 | Tenaya Middle Middle School |
1 | Valley Merced Community High School |
2 | Merced Scholars Charter Charter School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features