3135 Penryn Rd Penryn, CA 95663
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.
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
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.