Share This Listing

Message

957 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

SHADY Ln - Vista Cove 20.12 Acres of Commercial Land Offered at $4,200,000 in Vallejo, CA 94591

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Water View Lot for subdivision development surrounded on two sides by open space
  • Centrally Located, SF Ferry 10 min., SF - 40 minutes, Walnut Creek, 20 minutes, Sacramento 1 hour, Napa 40 min. Marin 30 min.
  • Set in one of the top neighborhoods of Vallejo

EXECUTIVE SUMMARY

Rare 20 acre water view parcel, one of few available close to San Francisco. This lot, zoned medium density residential, technically allows up to 340 units, although topography would limit that. Vallejo’s General Plan shows capacity at 209 units.
A prior proposal for 79 units had been approved up through Vallejo’s Planning Division several years ago.
Located in the upscale Glen Cove section of Vallejo, this parcel is set looking southeast toward the morning sun and is shielded from prevailing winds. The most noteworthy aspect is that from almost any part of the lot, the Carquinez Straits waterway is visible so homeowners could watch ocean vessels majestically gliding past each day.
The Glen Cove Shopping Center is just blocks away where the local food shopping at Safeway, banking at JP Morgan Chase, dry cleaning, real estate, dining at J’s Garden Chinese Cuisine, pizza and more are available. It is also just blocks to the freeway entrance to US Interstate 780.
Vista Cove is just 4 minutes to the Interstate 80 Park & Ride transit hub at Lemon St. and 7 minutes to the Golden Gate Ferry to San Francisco [55 minute ride].
Vallejo is known both for good weather, many consider it the best in the SF area (because of the ocean breeze in summer), and for being a great central location. It’s just about an hour to the State Capital – Sacramento, Napa is 15 minutes, Walnut Creek 20 minutes and Marin is also 20. SF is just 45min.

PROPERTY FACTS In Escrow

Price $4,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 20.12 AC
No. Stories 2
Cross Streets Wildflower Ave.
Zoning MDR - Medium Density Residential

1 LOT AVAILABLE

Lot

Price $4,200,000
Price Per AC $208,747.51
Lot Size 20.12 AC

20 acre gently sloping water view parcel adjacent Benicia St. Park and Vallejo open space. Zoned medium density residential, technically allows up to 340 units, although topography limits that. Vallejo General Plan shows 209 unit capacity.

DESCRIPTION

Large water view tract adjacent Benicia State Park and Vallejo open space set in one of the top neighborhoods of town.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0079-171-170
Land Assessment
$29,313
Improvements Assessment
$0
Total Assessment
$29,313
  • Listing ID: 22693693

  • Date on Market: 4/9/2021

  • Last Updated:

  • Address: SHADY Ln, Vallejo, CA 94591

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}