380 Moraga Rd 2.51 Acres of Residential Land Offered at $8,888,000 in Moraga, CA 94556

Kidder Mathews as Exclusive Representative, is pleased to offer for sale 380 Moraga Road, Moraga CA, (the “Property”). This is a rare opportunity for a developer, owner-user and/or investor to acquire a 2.51 acre site improved with a ±27,960 SF office building, in the affluent Town of Moraga. Located at the prominent corner of Moraga Road and Rheem Blvd, the Property is situated across from the Rheem Shopping Center with proximity to the Saint Mary’s College campus.

The Town of Moraga, California is one of the most prosperous zip codes in the United States. Boasting a median household income well above the national average, highly rated schools, and strong quality of life, Moraga attracts a highly educated and established population with strong purchasing power.

The Town of Moraga recently adopted housing element and zoning changes to Rheem Park Mixed Commercial-Residential which allows for residential development at a permitted density of 24 units per acre. Additional density may be achieved by developing senior and affordable housing and utilizing the State Density Program.

380 Moraga Road, Moraga CA, is being offered for sale. All investors should base their offer on the "as-is, where is" condition of the property. In order to assist with underwriting, qualified purchasers will be provided access upon request to available due diligence information. The Owner requests that all interested parties provide Kidder Mathews with a formal Letter of Intent outlining the terms and conditions under which they propose to acquire the site. In addition, please provide a detailed summary of your company, principals and transaction history.