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38555 Overacker ave. 2.04 Acres of Residential Land Offered at $15,000,000 in Fremont, CA 94536
INVESTMENT HIGHLIGHTS
- Prime new site for a center city development of multiple units. Buyer shall process with the city, as per state mandate, for multiple units.
- All utilities are on site.
- Close to Fremont's main hospital, main roads, bart, schools and freeways.
EXECUTIVE SUMMARY
Possible zoning for high density housing.
At its current R1-6 zoning value is there, as up to 28 homes may be permitted.
There is nothing like this property for sale in Fremont!
PROPERTY FACTS
1 LOT AVAILABLE
Lot 5074305
| Price | $15,000,000 | Lot Size | 2.04 AC |
| Price Per AC | $7,352,941.18 |
| Price | $15,000,000 |
| Price Per AC | $7,352,941.18 |
| Lot Size | 2.04 AC |
The treasure of Fremont! 2+ acres residential in the middle of Fremont. Possible zoning for high density housing. At its current R1-6 zoning value is there, as up to 28 homes may be permitted. There is nothing like this property for sale in Fremont.
DESCRIPTION
Old estate ready for a new development of prime housing in a prime location. With the state permitting second home on each lot you have here a potential of 28 homes. That will bring the cost per home lot to $535k/home. With the prices in the 1.75 to 2 million each you have a good flow of cash in this project. Call only if you are or have a serious buyer. No carry over of loans. All cash. Hurry, a few potential buyers are looking at the property now. Come and get it before****
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Show and Sell Realty
38555 Overacker ave.
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