2 Madrone Ave Novato, CA 94945
- Land
- 2.68 lot acres
Current Use by Public Records
- Land
Property Details for 2 Madrone Ave
- Lot size
- 2.68 lot acres
- Property type
- Land
Description
This exceptional 2.68-acre parcel presents a prime development opportunity in Novato, California. Strategically located along Highway 101, this highly visible land boasts an R5-7.5 zoning designation, permitting medium-density residential development. Comprising two parcels (APN: 153-022-31 & 153-053-13), the property offers significant potential for multi-family housing. Its convenient proximity to the Downtown Novato SMART train station provides easy access to the Sonoma-Marin Area Rail Transit system, connecting residents to the broader Bay Area. The property's location along Highway 101 ensures high visibility and accessibility. The possibility of acquiring an adjacent 0.40-acre developable parcel adds to the overall appeal and potential of this exceptional investment. This is a rare opportunity to acquire a substantial land holding in a thriving Marin County location with excellent transportation links and development potential. Detailed zoning information and development guidelines are available upon request. The property's address is 2 Madrone Avenue, Novato, CA 94945.
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
- Novato
- County
- Marin
- State
- California
- Longitude
- -122.564
- Latitude
- 38.107
