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    Canyon Creek Dr Colfax, CA 95713

    Sponsored
    For Sale
    $799,000

    Prime Placer County land, residential potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 26-acre property in Colfax, California, presents a unique investment opportunity. Located on Canyon Creek Drive, with convenient access to Highway 80, this land offers a blend of agricultural and residential potential. Currently zoned Agricultural with a General Plan designation of Low-Medium Density Residential, the property allows for diverse development possibilities. The APN is 101-150-022-000, and ownership is fee simple. The asking price is $799,000. While some areas exhibit sloping terrain, the land is situated near existing single-family and multi-family residential developments, suggesting a strong potential for future residential construction. The property's proximity to Highway 80 provides excellent accessibility and connectivity. This expansive parcel in Placer County offers a compelling combination of location, zoning, and potential, making it an attractive proposition for developers and investors seeking a significant land acquisition in a desirable California location. The zip code is 95713.

    Property Features for 0 Canyon Creek Dr

    General Information

    Property type
    Farms
    Lot Size
    1,132,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Colfax
    County
    Placer
    State
    California
    Longitude
    -120.95576296
    Latitude
    39.07813241

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    FAQs

    What type of property is this?
    Farm - Prime Placer County land, residential potential.
    Where is this farm located?
    The property is located at Canyon Creek Dr Colfax, CA.
    What is the asking price?
    The asking price for this property is $799,000.
    Request Owner's contact information
    Canyon Creek Dr Colfax, CA 95713
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    Colfax, CA 95713
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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
    Canyon Creek Dr Colfax, CA 95713
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