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- LoopNet Team
829 2nd St
Eureka, CA 95501
Parasol by the Sea · Land For Sale
·
1.88 AC
INVESTMENT HIGHLIGHTS
- Market rate density is based off of 2.5 FAR - No max density
- 12-minute drive to Cal State Poly, Humboldt with 6,300+ students and faculty
- 45-minute drive to Redwood National & State Parks
- All off-site sewer, water, & utilities are accessible at the property
- 10-minute walk to an abundance of shops and dining options
- 2-minute drive to US-101 providing access along the entire west coast
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units - Subsidized |
| Property Subtype | Residential | Total Lot Size | 1.88 AC |
| Zoning | OR - Vacant Commercial | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Subsidized |
| Total Lot Size | 1.88 AC |
| Zoning | OR - Vacant Commercial |
DESCRIPTION
In an OZ, DDA, & QCT By-right zoning allows up to 7 floors of multifamily No minimum parking requirements Market rate density is based off of 2.5 FAR - No max density All off-site sewer, water, & utilities are accessible at the property 12-minute drive to Cal State Poly, Humboldt with 6,300+ students and faculty 10-minute walk to an abundance of shops and dining options 45-minute drive to Redwood National & State Parks 2-minute drive to US-101 providing access along the entire west coast Over two years of pre-development work already completed by Seller
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,259,776 | Total Assessment | $1,259,776 |
PROPERTY TAXES
