360 Parker St Vacaville, CA 95688
Discover exceptional development potential with three vacant commercial lots totaling 0.53 acres in the heart of Historic Downtown Vacaville. These parcels, located at 306 Parker Street and 319 Cernon Street, boast Downtown Commercial/Downtown Core zoning, offering high-density development opportunities within the Parking District. The combined lot size presents a unique chance to create a vibrant mixed-use project, capitalizing on the area's charm and thriving community. Parcel #1, spanning 11,500 square feet with Parker Street frontage, is ideally suited for upscale dining, a cultural center, or luxury residential units. Parcel #2, at 5,750 square feet and also facing Parker Street, is perfect for boutique shops, cafes, or a mixed-use building. Finally, Parcel #3, a 5,700 square foot lot on Cernon Street, presents an excellent opportunity for a community hub, office space, or an artisan market, and could also serve as supplemental parking. This prime location is surrounded by established businesses, restaurants, and local attractions, ensuring high visibility and foot traffic. The high-density zoning and location within the Parking District provide significant flexibility for a variety of development plans, making this an exceptional investment opportunity in a desirable California location. The APN numbers are 0130-182-050/060/170. The asking price is $1,250,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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