624 Stearns Rd Oakdale, CA 95361
This exceptional 15-acre parcel presents a rare residential development opportunity in the highly sought-after East Oakdale area of Stanislaus County, California. Located at 624 N Stearns Rd, Oakdale, CA 95361 (APN: 064-010-010-000), this R-A zoned property boasts approximately 525 feet of frontage along Stearns Road. Its strategic location offers unparalleled advantages, situated directly across from the prestigious Oakdale Golf and Country Club and adjacent to two recently completed subdivisions and established custom homes to the north. A nearby development is underway, adding 79 new homes to the area, further underscoring the strong demand for housing in this thriving community. The property includes an existing 2784 square foot single-story home, providing potential for immediate income or redevelopment. The property is within the City of Oakdale's sphere of influence, making it an ideal location for high-quality residential construction to meet the area's rapidly growing housing needs. This is a unique chance to capitalize on the robust Oakdale housing market and create a premier residential development. The asking price is $4,950,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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