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$2,850,000

Available Now!

701 Wilbur Ave, Antioch, CA 94509

701 Wilbur Ave, Antioch, CA 94509

2.78 acres  |  Lots and Land  |  Zoned: R-25

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Description

East San Francisco Bay Area city infill development opportunity. 1 mile from Antioch Bart station and recently expanded highway 4. The property features 2.78 acres of high density residential land zoned R-25. +/- 55 units "By Right" approval (Planning approval only). Higher density available with council approval. Property has existing rentals on the front one acre generating income while you build out the remaining land. Current income 6.5% cap 14 GRM. Existing space perfect for a contractor yard, manufacturing shop/office with 3 phase power, and/or secured storage. Property near the Delta with fantastic views of Mount Diablo. Investor opportunities considered. Income includes owner occupied units at market rent. Attn. Affordable Housing Developers - Entitlements in place for 126 units with the purchase of the adjoining lot (not currently listed).

Details

  • 2.78 acres
  • Contra Costa County
  • Zoned: R-25
  • Prop Type: Lots and Land
  • Dev Status: Unknown
  • Current Use: Unknown
  • Best Use: Unknown

$2,850,000

Available Now! -

MLS ID# 40844180

For more info contact

Photo Heidi Johnson
(877) 565-2010

Get more info or schedule a showing

        

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Photo Heidi Johnson
(877) 565-2010

Get more info or schedule a showing
     

Question or comment

77:112
MLS#: 40844180
Listing Office: Statement Properties, LLC
Listing Agent: Jacob Kipp
Last Updated: 01/31/2019 3:02pm
Information obtained from Bay East Association of Realtors.
Information provided by seller/other sources, not verified by broker.
All interested persons should independently verify accuracy of all information.
eho
Property Views: 77
Days on Market: 112

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