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11 Hl Cir Salinas, CA 93905

Sponsored
For Sale
$2,690,000

7.74-acre, 37-home subdivision opportunity

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 7.74-acre parcel in Salinas, CA (APN: 004-601-066 & 004-601-067), presents a rare residential development opportunity. The property is nearly fully entitled for a 37-home subdivision, featuring individual lots with modular homes and a planned HOA for maintenance. Construction plans are available upon request. Zoned R-L 5.5, this infill project boasts a prime location within city limits, offering strong visibility and convenient access to various amenities. These include multiple retail areas, local schools, the upgraded Salinas Regional Soccer Complex, and Natividad Hospital & Medical Center. The property enjoys 386 feet of frontage on East Laurel Drive. With a total asking price of $2,690,000, this development offers significant potential for investors. The strong demographics further enhance the appeal, with a population of 42,781 within one mile and 150,003 within three miles. This is a unique chance to acquire a nearly fully entitled project ready for immediate development, capitalizing on the high demand for housing in this thriving Salinas community. The project is designed for the construction of 37 individual parcels, each with a home. Upon completion of construction, the individual lots with homes will be sold separately.

Property Features for 11 Hl Cir

General Information

Property type
Land
Lot Size
337,154 SF

HighLights

  • APN: 004‑601‑066 & 004‑601‑067
  • 7.74‑acre residential lot
  • R‑L 5.5 zoning
  • Construction plans available
  • 37‑parcel residential subdivision
  • 1‑mile population: 42,781; 3‑mile population: 150,003
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Salinas
County
Monterey
State
California
Longitude
-121.6233492722
Latitude
36.683951589262

FAQs

What type of property is this?
Land - 7.74-acre, 37-home subdivision opportunity
Where is this land located?
The property is located at 11 Hl Cir Salinas, CA.
What is the asking price?
The asking price for this property is $2,690,000.
What are key features of this property?
This property features: APN: 004-601-066 & 004-601-067; 7.74-acre residential lot; R-L 5.5 zoning
More about this property
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