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    979 Marlene St Ukiah, CA 95482

    For Sale
    $650,000

    Prime Ukiah development land, R2 zoning, 28 units/acre potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.07-acre parcel presents a unique investment opportunity in Ukiah, California. Located at 979 Marlene St, 95482, this newly created lot is situated in an established multi-family neighborhood, offering significant development potential. The property boasts a desirable park-like setting at the end of a cul-de-sac, enhancing its appeal. Infrastructure is already in place, with curb, gutter, and sidewalks already installed, and all utilities readily available. A recent minor subdivision created this separate parcel, and the entire property is slated for rezoning to R2, allowing for a high-density development of up to 28 units per acre. The Assessor's Parcel Number (APN) will be updated upon the recording of the final subdivision maps and rezoning. This location offers convenient access to the amenities of Ukiah, nestled in the heart of Mendocino County Wine Country. The property is also strategically positioned within a two-hour drive of the Golden Gate Bridge and an hour north of the Sonoma County Airport, providing excellent connectivity. This is an exceptional opportunity for developers seeking a prime location for a high-density residential project. The asking price for this remarkable property is $650,000.

    Property Features for 979 Marlene St

    General Information

    Property type
    Land
    Lot Size
    46,609 SF

    HighLights

    • $650,000 asking price.
    • 1.07‑acre residential land parcel.
    • Located at 979 Marlene St, Ukiah, CA 95482.
    • Ready for development; utilities available; curb, gutter, and sidewalks installed.
    • R2 zoning allows up to 28 units per acre (upon rezoning).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ukiah
    County
    Mendocino
    State
    California
    Longitude
    -123.1963935
    Latitude
    39.1381859

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    FAQs

    What type of property is this?
    Land - Prime Ukiah development land, R2 zoning, 28 units/acre potential.
    Where is this land located?
    The property is located at 979 Marlene St Ukiah, CA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: $650,000 asking price.; 1.07-acre residential land parcel.; Located at 979 Marlene St, Ukiah, CA 95482.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    979 Marlene St Ukiah, CA 95482
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