00 Macarthur Dr Tracy, CA undefined
- Land
- 3.22 lot acres
Current Use by Public Records
- Land
Property Details for 00 Macarthur Dr
- Lot size
- 3.22 lot acres
- Property type
- Land
Description
This exceptional 3.22-acre commercial land parcel in Tracy, California, presents a unique development opportunity. Located on South MacArthur Drive, a major thoroughfare, this property comprises two contiguous lots (APN 235-140-090 and 235-140-100), zoned NS (Neighborhood Center), and is offered for sale as a single unit. The land is ready for immediate development, offering significant potential for a neighborhood shopping center or similar commercial venture. One lot features existing water access, previously utilized for a community garden. Tracy's robust growth, ranking among the top five fastest-growing cities in San Joaquin County with a 5.3% increase from the 2020 US Census, makes this a highly attractive investment. Its strategic location within a triangle formed by Interstates 205, 5, and 580 ensures excellent accessibility. The asking price is $3,000,000, translating to a land value of $21-$22 per square foot. The property is sold "as is," and potential buyers are encouraged to conduct their own due diligence regarding lot dimensions, zoning, and permitted uses. This is a rare chance to acquire a substantial commercial parcel in a thriving California market. The lots will not be sold separately.
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
- Tracy
- County
- San Joaquin
- State
- California
- Longitude
- -121.417
- Latitude
- 37.7299
