Listing Agency: Martell Investments LLC r**@lgmconstruction.com Show Phone

Listed By: Ron Regan · License #CA 01188129

Source: Crexi

Added: Feb 17, 2020 Changed: Aug 8 Last Checked: Jul 16 at 8:47AM

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Investment Insights

Based on property information with market context.

This property is zoned RM, Multi-unit Residential. It has an expired use permit for Senior Housing, requiring resubmission. The owners possess a complete set of plans for a 50-unit Senior Residential Care facility, which needs updating to the current California Building Code. Previous use and building permits have lapsed. Grading and utilities are completed, and Fire Department approval has been obtained.

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Electrical Service Real Estate Agency Cafe & Coffee Shop Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

523

Businesses Nearby

Explore this area Business Placement

Demographics for 95619, CA

4,816

Population

2,740

Households

1.8

Avg Household Size

47

Median Age

25%

College-Educated

96%

High-School Grad

5.9 sq mi

ZIP Area

816

Density / Sq Mi

$74,504

Median Household Income

$46,268

Median Earnings

$1,678

Median Rent

$348,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Land with expired use permit for senior residential care.

Where is this land located?

The property is located at 3981 Panther Ln Diamond Springs, CA.

What is the asking price?

The asking price for this property is $1,699,000.