13241 Stuart Rd
Residential Development Tract on Calaveras Lake
Marketing description
Marcus & Millichap is pleased to exclusively offer for sale an 8.82 acre tract of land located on 13241 Stuart Rd. The property is adjacent to Calaveras Lake with an easement for access to the lake. The topography is level. There is electric available, but sewer would be on septic. For any type of development that has density greater than 5 units, city water would need to be brought to the site. The property would be ideal for development of townhomes or zero lot line garden homes. Its location next to Lake Calaveras creates an amenity that cannot be added or purchased, thereby increasing the probability of success of the development. Given the current lending climate, the development would be best suited as s “for rent” product versus a “for sale” product.
Investment highlights
Access to the Lake - Walking Distance to the Park’s Main Entrance
22,069 VPD on E Loop 1604
Zoning : OCL
Opportunity : Townhome or Garden Homes
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