9601 Blue Larkspur Ln Monterey, CA 93940
- Commercial land
- 1.79 lot acres
Current Use by Public Records
- Commercial land
Property Details for 9601 Blue Larkspur Ln
- Lot size
- 1.79 lot acres
- Property type
- 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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monterey
- County
- Monterey
- State
- California
- Longitude
- -121.808
- Latitude
- 36.5734
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA
