6925 Hammond Ave Upper Lake, CA 95485
This exceptional 16.75-acre property, located at 6925 and 6965 Hammond Ave, Upper Lake, CA 95485 (APN: 031-052-170 and 031-052-220), presents a remarkable opportunity for multi-family development. Zoned PDR R1, this land allows for the construction of multiple single-family residences. Conveniently situated off Highway 20, it offers easy access to shops, restaurants, and public transportation. The property boasts a significant advantage: it was filled and compacted in 2008, providing a solid foundation for any construction project. Previous development studies from 2008 are available, and the land could be resubmitted for approval based on these existing plans. Its location near Clear Lake adds to its appeal, offering residents a tranquil natural setting. Furthermore, this property is located within an Opportunity Zone, providing potential tax benefits for investors. The asking price is $759,000, and seller financing may be available. This is an ideal investment for developers seeking to create a thriving residential community in a desirable location. Don't miss this chance to capitalize on this prime development land.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.