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6 Alton Way 0.44 Acres of Commercial Land Offered at $915,000 in Watsonville, CA 95076
Investment Highlights
- Multifamily 85 Unit Potential
Executive Summary
Prime multi-residential development opportunity.
State density bonuses also likely available for affordable housing projects.
Current plans and reports (civil, architectural, mechanical, geo-tech and landscape) available for a lower density project that was never completed.
Property Facts
| Price | $915,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.44 AC |
| Property Type | Land | ||
| Zoning | RM3 - Commercial Flex Area of the Downtown Watsonville Specific Plan (DWSP) | ||
| Price | $915,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.44 AC |
| Zoning | RM3 - Commercial Flex Area of the Downtown Watsonville Specific Plan (DWSP) |
1 Lot Available
Lot
| Price | $915,000 | Lot Size | 0.44 AC |
| Price Per AC | $2,072,949.71 |
| Price | $915,000 |
| Price Per AC | $2,072,949.71 |
| Lot Size | 0.44 AC |
20,299 SF +/- parcel located in Downtown Watsonville. Specific Plan (DWSP); Commercial Flex Area, which allows up to 85 dwelling units per acre (subject to unit configuration, parking, set backs, etc.)is available. Existing plans available.
Description
The property is in Watsonville’s industrial zone near major highways and the municipal airport. It is within proximity to commercial and retail services and is located in an area with regional agricultural businesses. The surrounding road network supports connectivity to multiple Central Coast markets, Santa Cruz, Monterey, and U.S. 101 for freight operations.
Property Taxes
| Parcel Number | 016-153-04-000 | Improvements Assessment | $0 |
| Land Assessment | $212,546 | Total Assessment | $212,546 |
Property Taxes
Presented by
6 Alton Way
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