23000 Darkhorse Dr Auburn, CA 95602
This exceptional 1.58-acre agricultural property, located at 23000 Darkhorse Dr, Auburn, CA 95602 (APN 011-221-036-000), presents a unique opportunity for residential development. Zoned for Agricultural and Agricultural/Residential use, with horses permitted, this mostly flat lot offers a ready-to-build canvas for your dream home. The property boasts convenient access to utilities, including electricity readily available, and sewer and water hookups already installed on-site. A capped well is also present. The land's relatively level terrain simplifies construction, minimizing potential site preparation costs. Enjoy the added benefit of its proximity to the Darkhorse golf course, enhancing the desirability of this location. Furthermore, the absence of homeowner's association (HOA) fees provides significant cost savings and freedom from restrictive covenants. This property is an ideal blend of rural tranquility and convenient access to amenities, making it an exceptional investment opportunity. The asking price for this remarkable parcel is $199,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.