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    OFF-MARKET
    Land

    0 11.2 Acres Nwc Arizona Ave & Main St, San Joaquin, CA 93660

    11.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire ±11.2 acres of vacant land in San Joaquin, California, ideally suited for residential development. This level parcel, located at the Northwest corner of Arizona Avenue and Main Street (zip code 93660), presents a clean slate for various concepts. Preliminary studies suggest the potential for 70+ single-family residences (SFRs) on 5,000-6,000 square foot lots (50' or wider), making it suitable for higher-end semi-custom homes or mixed-use projects incorporating apartments or condos. The site benefits from existing roadways connecting to neighboring developments and readily accessible utilities. Previous development work has already been completed on the property. This property's strategic location offers convenient access to major corridors serving the college, airport, downtown area, and schools, as well as proximity to regional retail developments. Multiple entrances and exits enhance accessibility. Three adjacent parcels are also available for purchase. This presents a unique chance to capitalize on a strong household base and create a thriving residential community. The asking price for this ±11.2-acre parcel is $530,000.

    Property profile
    Verified
    Property type Land
    Lot 11.2 ac (487,872 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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