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446 W Ventura St - Price Redux: 3.22 AC Parcel w/ Mixed Zoning 3.22 Acres of Commercial Land Offered at $4,100,000 in Fillmore, CA 93015
INVESTMENT HIGHLIGHTS
- Split zoning: Retail zoning along Hwy. 126 & residential zoning to the south create a residential development opportunity.
- 2nd neighboring parcel has 88-unit Mixed-Use apartment over Retail project permitted.
- Neighboring parcel has proposed 4-story 350-unit Mixed-Use apartments over Retail Mixed-Use project.
- Close proximity to Fillmore City Hall, Vons, Rite Aid, Wells Fargo, Starbucks and schools.
EXECUTIVE SUMMARY
Mixed Zoning: Central Business District, Residential 1–7 & Highway Commercial.
Split zoning: Retail zoning along Hwy. 126 & residential zoning to the south create a residential development opportunity.
Newhall Ranch development to the east of Fillmore will bring & an additional 20,000 residential units to the region.
Possible retail pad opportunity for ground lease.
NOI From Storage Units: $146,229 (expenses based on an estimate)
Contact Listing Agents for further details.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $4,100,000 | Lot Size | 3.22 AC |
| Price Per AC | $1,273,291.93 |
| Price | $4,100,000 |
| Price Per AC | $1,273,291.93 |
| Lot Size | 3.22 AC |
• ±3.22 acre parcel with potential ±25,000 square foot highway retail pad at signalized intersection. • Potential medium-to-high density Mixed-Use residential development along southern portion of property. Contact Listing Agents for details.
DESCRIPTION
First time the property has been on the market in more than 60 years. Mixed Zoning: Central Business District, Residential 1–7 & Highway Commercial. Split zoning: Retail zoning along Hwy. 126 & residential zoning to the south create a residential development opportunity. Newhall Ranch development to the east of Fillmore will bring & an additional 20,000 residential units to the region. Possible retail pad opportunity for ground lease. Contact Listing Agents for further details.
PROPERTY TAXES
| Parcel Number | 053-0-131-140 | Improvements Assessment | $631,208 |
| Land Assessment | $175,503 | Total Assessment | $806,711 |
PROPERTY TAXES
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446 W Ventura St - Price Redux: 3.22 AC Parcel w/ Mixed Zoning
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