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- LoopNet Team
540 Gabilan Dr
Soledad, CA 93960
Permit Ready, 96-Unit Development Site · Land For Sale
·
4.61 AC

Investment Highlights
- 540 Gabilan Dr is a 4.61-acre, shovel-ready development site for a 96-unit multi-family complex.
- Gabilan Apartments development is permit-ready for 12 two-story buildings with eight units, each with garden-style landscaping.
- Among the Salinas Valley, Soledad is an up-and-coming town, a node for travelers, and ready for new growth and expansion.
- R-3 high-density zoning will provide high-demand apartment units in an excellent rural neighborhood.
- Construction drawings and plans have been paid for, and permits have been approved, subject to payment (the city will allow payment at C. of O.).
Property Facts
| Property Type | Land | Total Lot Size | 4.61 AC |
| Property Subtype | Residential | Parcel Number | 022-441-016-000 |
| Proposed Use | Apartment Units | ||
| Zoning | R-3 High Density Res | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 4.61 AC |
| Zoning | R-3 High Density Res |
| Parcel Number | 022-441-016-000 |
Description
96 unit multifamily development opportunity to provide high demand apartment units in a good rural neighborhood. The development is comprised of 12 two-story buildings with 8 units each. This is work force housing that is needed in the fast growing City of Soledad. Many new commercial developments have started in the City of Soledad.
Listing ID: 29290481
Date on Market: 8/16/2023
Last Updated:
Address: 540 Gabilan Dr, Soledad, CA 93960
The Land Property at 540 Gabilan Dr, Soledad, CA 93960 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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