0 Phelps Ave Coalinga, CA 93210

This exceptional 12.67-acre commercial and residential land parcel in Coalinga, CA, presents a unique investment opportunity. Located on E. Phelps Ave, it enjoys a prime position directly adjacent to the Coalinga Regional Medical Center (CRMC). The property is nearly shovel-ready, with Phase 1 plans (27 age-restricted homes with attached ADUs) ready for plan check and building permits anticipated within approximately 30 days according to the City. Phases 2 and 3 have received approval, though final design and construction documents require preparation. The site boasts existing utilities, including electricity, communication lines, gas, water (will-serve letters available), and sewer. While the site is relatively flat and may require minimal fill per grading plans, no significant grading is needed. The developer is responsible for installing all site improvements, including streets, sidewalks, curbs, gutters, and landscaping, with reimbursement from the City for certain improvements. The property's APN is 070-060-72S