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Broadway St
American Canyon, CA 94503
4.32 Acre In-fill Mixed Use Development Opp · Land For Sale · 4.32 AC

Investment Highlights

  • 4.32 acres
  • Frontage to Hwy 29 w/high traffic counts
  • Flat lot, never developed before
  • Infill development near shopping/transit
  • Flexible uses with many permitted by right (no CUP)
  • Density bonuses available

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Hospitality
Total Lot Size 4.32 AC
Zoning LSMU

Description

The offering is a rare 4.32 acre development opportunity on a flat, clean slate, never-developed lot with high visibility and traffic counts on Hwy 29. With ±324 ft of frontage on Hwy 29 and ±520 ft of frontage on Crawford Way, this infill site is nestled between multiple shopping centers and is an ideal candidate for higher density residential or mixed use development. Zoned LSMU (Local Serving Mixed Use) under the recently passed Broadway District Specific Plan, this site has a ton of flexibility with the following uses permitted by right (not CUP). Please refer to the Broadway District Specific Plan for additional info regarding development standards and permitted uses. Highlighted uses include: Garden apartments Multifamily residential Single-family semi detached Townhouses Various restaurant/retail commercial and mixed uses Applicable Development Standards include: 30 ft setback 3 story max 42 ft max building height 20 DU/Gross AC Seller has had multiple discussions with the city on various multifamily concepts on site and the city has been very receptive to all. The city has a density bonus program they have indicated can overlap with the 15% affordable component allowing for simultaneous increase in unit count and affordability compliance. Seller has completed multiple facets of site work including NHD, phase I, site survey, earthquake fault study (site is not in fault zone), geotech report, biological, noise, drainage, cultural resources, etc. which are available upon request. Seller is currently open only to entertaining JV opportunity and will contribute land and potentially additional equity. APNs: 058-302-001 (±2.17 acres) and 058-290-012 (±2.15 acres)

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 058-290-012
  • 058-302-001
Land Assessment
$2,843,428
Improvements Assessment
$0
Total Assessment
$2,843,428
  • Listing ID: 22079080

  • Date on Market: 1/26/2021

  • Last Updated:

  • Address: Broadway St, American Canyon, CA 94503

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