$2,690,000

For Sale | Rare Salinas Residential Development Opportunity

Mahoney & Associates is pleased to present to market the opportunity to purchase a nearly entitled ±7.74-acre vacant land site for the development of 37 single family homes located along the frontage of 11 E. Laurel Dr. near Natividad Hospital in Salinas. This is a rare in-fill project within the City Limits. The seller is near completion of receiving fully entitled approvals from the City of Salinas to construct a subdivision consisting of 37 individual parcels with modular homes and the formation of an HOA to maintain the subdivision. Upon completion of the project the lots with homes will be sold off individually. The property is in an ideal location in Salinas offering strong exposure and access to multiple retail trade areas, local schools, the recently upgraded Salinas Regional Soccer Complex, and Natividad Hospital & Medical Center.

Details

Price : $2,690,000
Address : 11 Hill Circle
City : Salinas
State : CA
Zip Code : 93905
APN : 004-601-066 & 004-601-067
Property Type : Land
Secondary Type : Residential
Purpose : Sell
Lot Size : ± 7.74 Acres
Zoning : Residential R-L 5.5 - Zoning Code
Property ID : 8848

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James Kendall

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Phone: (831) 646-1919
Fax: (831) 646-1115
Email Us: [email protected]

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