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Sequoia Ave - I-80 Freeway Frontage Development Opportunity 0.41 Acres of Commercial Land Offered at $195,000 in Vallejo, CA 94591
Investment Highlights
- Freeway Frontage: Over 165’ of I-80 visual frontage allowing for maximum consumer exposure.
- Development Potential: Zoning allows multiple commercial and retail uses, in addition to a residential development of 25-50 DU / Acre
Executive Summary
Davide F. Pio of BCRE is proud to present the vacant lot at 0 Sequoia Ave in Vallejo, CA for sale. The ±17,859 ft² (±0.41 acre) parcel allows a developer to capitalize on a well-positioned site with direct Interstate 80 freeway frontage.
Zoned Neighborhood Mixed Use (NMX), the site allows for a range of uses including residential development at up to 25-50 dwelling units per acre (Est. up to 10-21 units developable), as well as commercial and retail possibilities which would benefit from being located adjacent to the I-80 freeway exit. Buyer to confirm all allowable uses with the City of Vallejo.
Zoned Neighborhood Mixed Use (NMX), the site allows for a range of uses including residential development at up to 25-50 dwelling units per acre (Est. up to 10-21 units developable), as well as commercial and retail possibilities which would benefit from being located adjacent to the I-80 freeway exit. Buyer to confirm all allowable uses with the City of Vallejo.
Property Facts
| Price | $195,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.41 AC |
| Property Type | Land | ||
| Zoning | NMX - Neighborhood Mixed Use (NMX) | ||
| Price | $195,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.41 AC |
| Zoning | NMX - Neighborhood Mixed Use (NMX) |
1 Lot Available
Lot
| Price | $195,000 | Lot Size | 0.41 AC |
| Price Per AC | $475,609.76 |
| Price | $195,000 |
| Price Per AC | $475,609.76 |
| Lot Size | 0.41 AC |
Mostly level with the west side slowing downward into CalTrans lot over I-80 freeway.
Description
The parcel’s location along northbound I-80 provides exceptional freeway visibility and signage potential of over 110,000 vehicles / day. Sitting northbound, the property is in close proximity to the 780 interchange connecting to Benicia, and just near the Vallejo bridge opposite of Crockett, Hercules, and Richmond in the East Bay.
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0075-133-260 | Improvements Assessment | $0 |
| Land Assessment | $108,242 | Total Assessment | $108,242 |
Property Taxes
Parcel Number
0075-133-260
Land Assessment
$108,242
Improvements Assessment
$0
Total Assessment
$108,242
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Sequoia Ave - I-80 Freeway Frontage Development Opportunity
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