1765 Broadway St Vallejo, CA 94589-2262
- Commercial land
- 60,597 SF
- 3.21 lot acres
May 30, 2023
Current Use by Public Records
- Hunsinger LLC / Clothing Store
Property Details for 1765 Broadway St
- Year built
- 1990
- Lot size
- 3.21 lot acres
- Property size
- 60,597 SF
- Zone code
- CP AND IU
- Property type
- Commercial land
- APN
- 0052-160-100
- APU
- 52160100
Description
This exceptional development opportunity presents a fully entitled 111-unit apartment project situated on a sizable 4-acre lot in Vallejo, California. The project is planned as a garden-style, surface-parking design, offering significant flexibility for the developer. The zoning allows for a 100% market-rate development, a fully affordable housing project, or a blended mix of both, catering to a wide range of investment strategies and community needs. Priced at $4,995,000, this represents a compelling investment opportunity, particularly given the site's location within a Qualified Opportunity Zone (QOZ), offering substantial tax advantages for eligible investors. The property's address is 1765 Broadway, Vallejo, CA 94589, within Solano County. The seller is open to exploring joint ventures or creative financing solutions to facilitate a smooth and mutually beneficial transaction. This is a rare chance to acquire a fully entitled project, eliminating significant pre-development hurdles and accelerating the path to construction and revenue generation. The project's design and location offer strong potential for high occupancy rates and attractive returns. Detailed plans and specifications are available upon request.
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
- -122.253
- Latitude
- 38.1305
- CBSA code
- 46700
- CBSA name
- VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
