9601 Blue Larkspur LnMonterey, CA 93940

Property Details for 9601 Blue Larkspur Ln

Lot size

1.79 AC

Property type

Land

Property subtype

Commercial land

APN

173-121-002-000

APU

173121002000

Description

This exceptional 1.79-acre commercial land parcel presents a rare opportunity in the desirable Monterey, CA market. Situated along Highway 68, this property boasts unparalleled visibility and accessibility. Its strategic location offers significant potential for a variety of development projects. An adjacent property has recently received approval for an apartment complex, suggesting strong market demand and feasibility for similar ventures. The zoning allows for the construction of apartments, professional office buildings, or a mixed-use development, providing considerable flexibility for investors and developers. The expansive lot size provides ample space for a substantial project, accommodating significant square footage and potentially multiple buildings. Given the scarcity of available commercial land in this area, particularly along a major thoroughfare like Highway 68, this property represents a truly unique investment opportunity with significant upside potential. The approved adjacent apartment project further validates the desirability and viability of this location for high-density development. This is an exceptional chance to acquire a prime piece of Monterey real estate with a clear path to development. The property's location and zoning flexibility make it an ideal investment for those seeking high-return opportunities in a thriving California market. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $26,726,132

  Hospitality

  $24,480,994

  Educational

  $20,367,900

  Medical

  $21,068,382

  Retail

  $31,683,398

Location Insight

City

Monterey

County

Monterey

State

California

Latitude

36.5734

Longitude

-121.808

CBSA code

41500

CBSA name

SALINAS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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