1430 Auburn Ravine Rd Auburn, CA 95603
- Commercial real estate
- 3.70 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1430 Auburn Ravine Rd
- Lot size
- 3.70 lot acres
- Property type
- Commercial real estate
- APN
- 054-080-093-000
Description
This exceptional 3.7-acre property in Auburn, CA (APN 054-080-093-000) presents a prime development opportunity. Zoned R-2, it allows for various residential projects, from single-family homes to multi-family units. The property includes a charming 2,380 sq ft, 1930s vintage home, perfect for repurposing. Its strategic location within Auburn city limits offers easy access to amenities like parks, shopping, and dining, enhancing its appeal to potential residents. Auburn's thriving market and reputation as the "Endurance Capital of the World" ensure strong demand for new housing. The property's infrastructure readiness, including access to utilities, streamlines the development process. Consider creating a gated community, capitalizing on the serene setting and fostering a sense of community. This versatile land offers flexible development options to meet diverse community needs. The asking price is $1,750,000. This is a unique chance to invest in a growing area and create a thriving residential development. The property is conveniently located near I-80 and offers scenic views. Water availability is 1.5 inches of PCWA raw water.
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
- Auburn
- County
- Placer
- State
- California
- Longitude
- -121.0633809
- Latitude
- 38.917538
