1197 Benicia Rd Vallejo, CA 94591
- Commercial real estate
- 1.93 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1197 Benicia Rd
- Lot size
- 1.93 lot acres
- Property type
- Commercial real estate
- APN
- 0074-080-210 ;0074-080-220 ;0074-080-230 ;0074-080-240 ;0074-080-250
Description
This 1.93-acre land parcel in Vallejo, California, presents a unique distressed sale opportunity. Located at 1197 Benicia Rd, the property boasts multi-family zoning, allowing for the development of approximately 20 residential units. A preliminary plan for this development is already in place, including a team of architect, general contractor, MEP engineer, site engineer, landscape architect, and soil engineer, eliminating significant hurdles for the buyer. The site benefits from existing utilities, curb cuts, and sidewalks, along with convenient access to major commuter lanes (Hwy 780, 680, 580, and 80). Public transportation is readily available. The property offers amazing views and is situated in a desirable area of Vallejo, outside of the downtown core. The asking price is $800,000, significantly below comparable land values in the area. The property's APN is 0074-080-210
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vallejo
- County
- Solano
- State
- California
- Longitude
- -122.211994
- Latitude
- 38.0905365