301 Fairgrounds Dr
Vallejo, CA 94589
Bring All Offers · Land For Sale · 1.17 AC

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 accomodate 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 located 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.