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    OFF-MARKET
    Commercial real estate

    860 3Rd St, Fillmore, CA 93015

    4.28 ac lot
    Property ID
    US10-0979331
    Property summary
    AI-generated overview

    This exceptional 4.28-acre parcel in Fillmore, CA (APN: 052-0-055-125), presents a unique opportunity for residential development. Zoned for Residential Planned Development Low, the property allows for up to seven dwelling units per acre, with potential for density bonuses. Its rectangular shape boasts significant street frontage on three sides (632 feet on B Street, 295 feet each on 2nd and 3rd Streets), maximizing buildability and efficiency. Located at 860 3rd Street, 93015, this infill site enjoys a highly desirable location, within walking distance of Mountain View Elementary, Fillmore Middle, and Fillmore High Schools. Nearby amenities include Dolores Day Park and Schiell's Park, as well as grocery stores, banks, restaurants, and other retail services less than a mile away. The site's strategic position within Fillmore, a city experiencing consistent population growth and limited new housing supply, makes it an ideal investment. The asking price is $2,500,000 ($584,112/acre). This represents a compelling opportunity to capitalize on the strong demand for housing in Ventura County, where home prices have risen significantly in recent years. The property's size and location make it one of the last large-scale infill residential sites available in Fillmore.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 4.28 ac (186,437 SF)
    APN 052-0-055-125
    UPID US10-0979331
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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