Potential Subdivision in San Joaquin CA!
About This Property
Marketing description
Annexed! Zoned Residential! Ready for development!
An incredible opportunity for the wise investor to reap the rewards and benefits of residential development. Just over 60 acres immediately behind housing developments to satisfy the ever-growing demand for housing. City sewer and water connections are to the property.
Possibly can be partially zoned for multi-family upon application approval.
Currently planted in 6th leaf Butte/Padre almonds for continual income while developing five to ten acre parcels at a time. James Irrigation Water.
Be the one to take advantage of new home development in San Joaquin.
Investment highlights
Property is currently zoned residential. According to the city this parcel has been zoned for low density lots as small as 6,000 sq. ft. City connections are to the property. Can apply for a change of zoning for certain parts of the acreage for multi-family. City would have to approve. It may be possible to for tentative maps that can be done for five to ten acres at a time and leave the remaining for continued farming.
Including in this listing is APN 030-040-60s which is a 1.72 acre narrow strip of land next to APN 060-040-92 which is 61.06 acres making a total of 61.88 acres. Be sure to include both properties in your offer.
No well on the property. Water comes from James Irrigation District.
Seller may consider carrying.
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