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Fairgrounds Drive

Vallejo, CA 94589

$595,000 $2,508/Mo

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Overview

Acres (Lot)

Description

The subject property is a 1.17 acre parcel located just of I-80 at the Redwood Parkway/Fairgrounds Drive exit in Vallejo CA. Zoned R-MH (Mix of Housing Types/Medium Density) the site can accommodate a range of residential uses. In 2007, the previous owner had initial site plans drawn for a total of 29 townhouse style apartment units totaling 29,000 rentable square feet (RSF). Plans are included in the sale. Additionally, the site can accommodate up to 10 single family lots (one lot per 5,000 sqft of land). Buyer to verify. The property is conveniently situated providing future tenants easy access to the Bay Area's major Interstate. Bordering the property to the North and West includes a mix of apartments, townhomes and single-family residences. Furthermore, retail amenities are locate d just across the freeway at the Redwood Plaza and include Safeway, In-n-Out, Starbucks, FedEx, and many more. Most notably, the 149-acre Solano County Fairgrounds is located just North of the subject site. The County envisions a large-scale redevelopment of the highly visible site with a mix of land uses in an effort to re-energize the aging Fairgrounds site. Offered at just $11.67/ft, a developer or investor is presented the opportunity to develop a project in one of the Nation's fastest growing and most popular markets according to various real estate research firms. Additionally, the City of Vallejo is focusing on new housing/apartments. Buyer to verify all zoning and property information.

Property Details

Property Type : Land

Price : $595,000

AD Id : 70462428

MLS Id : 325101300

County : Solano

Map

Features

Water/Sewer

Sewer: Other
Heating & Cooling

WaterSource: Other

Fencing

Other
Fencing

Other

Lot Information

Lot Description: Other Lot Square Feet: 50,965 Topography: Other

Property Information

Property Type: Land Sub Type: Residential Acreage Cross Street: valle vista Source Neighborhood: American Canyon 2 Area: Vallejo S: 94589 Zoning: Other

Listing Price Information

Listing Id: 325101300 List Price: $595,000

Tax Information

Parcel Number: 0052-282-350

Utility Information

Other Electric: Electric Available
Location Information

Direction: gps

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