Description
Vacant infill land for sale on the 700 block of Luther Dr. near to and south of Florin Rd. Parcel has approved R3 zoning, entitlements and building design to build a unique 24 units 3 story apartment building for seniors (55+). Architectural and landscape construction drawings are available. This site is located near to several bus lines, a train station, freeway, several shopping centers, faces an open field that will never get built on and is in a federally designated enterprise zone. The building is modular in design permitting pre-fabrication affording speed of construction, less material waste, with notable construction cost savings especially with bay area fabricators or with off shore manufacturers and suppliers, such as from China. The seller is seeking a cash out sale. In the alternate the seller is open to selling 85% interest in the property for $995,000 cash and provide construction management services for the projects realization.
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0BEDS
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0.79ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Vacant infill land for sale on the 700 block of Luther Dr. near to and south of Florin Rd. Parcel has approved R3 zoning, entitlements and building design to build a unique 24 units 3 story apartment building for seniors (55+). Architectural and landscape construction drawings are available. This site is located near to several bus lines, a train station, freeway, several shopping centers, faces an open field that will never get built on and is in a federally designated enterprise zone. The building is modular in design permitting pre-fabrication affording speed of construction, less material waste, with notable construction cost savings especially with bay area fabricators or with off shore manufacturers and suppliers, such as from China. The seller is seeking a cash out sale. In the alternate the seller is open to selling 85% interest in the property for $995,000 cash and provide construction management services for the projects realization.
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