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$1,999,000
Est. payment /mo
5,227 Sqft Lot
UPDATED:
10/31/2024 10:03 AM
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81974874
Lot Size 5,227 Sqft
Property Description
Rare chance to develop in a prime Campbell location! Discover an exceptional investment opportunity with these 2 adjacent parcels, perfect for a visionary developer. Nestled within walking distance to the vibrant downtown Campbell, this site offers unparalleled access to an array of dining, shopping, & entertainment. With the potential to build 5 modern townhomes or 10 condos, this project is an ideal fit for those looking to create high-demand living in a highly sought-after area. The existing structures on the property provide immediate rental income ($110,000), allowing the new owner to benefit from current tenants while navigating the entitlements process. Additionally, the parcels are situated in a rapidly appreciating neighborhood, enhancing the investments potential for significant future returns. The areas strong demand for housing, combined with its proximity to excellent schools, public transportation, and major tech employers, makes this an unparalleled opportunity to capitalize on a booming real estate market. Don't miss this rare opportunity to make a mark in one of Campbell's most desirable locations. Whether youre looking to develop high-end residential units or seeking a lucrative investment with immediate returns, this property offers the best of both worlds.
Location
State CA
County Santa Clara
Area Campbell
Zoning P-D
Exterior
Fence Other
Utilities Available Public Utilities
Present Use Industrial
Building
Lot Description Other
Sewer Sewer - Public
Water Public
Others
Tax ID 412-02-016
Horse Property No
Special Listing Condition Not Applicable
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Listed by Bobby Ohadi • Abode Real Estate
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Sharad Gupta
Broker | License ID: 02213637
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