1230 Christie Rd Martinez, CA 94553
This exceptional 182-acre property in Martinez, California, presents a unique investment opportunity. Located in Contra Costa County at 1230 Christie Rd, zip code 94553 (APN 362-080-021-3), this expansive land holding boasts diverse zoning designations, including Agricultural, Agricultural/Residential, and Multi-Residential. Currently utilized as a small cattle ranch, the property features a substantial 24,000+ square foot indoor riding arena, adding significant value and versatility. The land comprises five separate parcels, each offering distinct possibilities. Four existing homes are situated on the property, providing immediate income potential or comfortable living arrangements. Five domestic wells ensure ample water resources. A key advantage lies in one parcel's A2 zoning, allowing for potential subdivision and development. The rolling hills offer breathtaking views of the San Francisco Bay, creating idyllic settings for new construction. This property's combination of agricultural use, existing structures, and diverse zoning makes it an ideal investment for developers, ranchers, or those seeking a large-scale estate in a desirable location. The property's latitude and longitude coordinates are 37.987662, -122.170552 respectively. The asking price for this remarkable property is $10,330,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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