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Property profile

3135 Penryn Rd Penryn, CA 95663

OFF-MARKET
Land
15.1 ac lot
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Property summary

AI-generated overview

This exceptional 15.1-acre commercial land parcel presents a compelling investment opportunity in the rapidly growing Penryn, California market. Strategically located near Interstate 80 and Penryn Road, this property boasts unparalleled visibility and accessibility, situated just two exits north of the planned Costco development. The site includes two parcels, offering significant development potential. An existing 8-inch sewer line is already in place, with the bond fully paid, streamlining the development process. One parcel (APN 040) benefits from a Development Reserve (DR) designation and Penryn Parkway access, potentially unlocking additional building and development options beyond standard zoning allowances (RA-B-X 4.6). This high-growth area presents a unique chance to capitalize on the expanding infrastructure and increasing demand for commercial properties. The property's prime location, coupled with existing infrastructure and advantageous zoning, makes it an ideal site for a variety of commercial ventures. The APN for the combined parcels is 043-072-037-000/040. The asking price for this exceptional development opportunity is $1,900,000. This is a rare chance to acquire a substantial land holding in a thriving California market poised for significant future growth.

Property profile

Verified
Property type Land
Lot 15.1 ac (657,756 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3135 Penryn Rd Penryn, CA 95663
Penryn metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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