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MLS® ID: 40844180

701 Wilbur Ave

ANTIOCH, California, 94509

$2,750,000 Active
  • 108900 SQFT
East San Francisco Bay Area city infill development opportunity. 1 mile from Antioch Bart station and recently expanded highway 4. The property features 2.78 acres of high density residential land zoned R-25. +/- 55 units "By Right" approval (Planning approval only). Higher density available with council approval. Property has existing rentals on the front one acre generating income while you build out the remaining land. Current income 6.5% cap 14 GRM. Existing space perfect for a contractor yard, manufacturing shop/office with 3 phase power, and/or secured storage. Property near the Delta with fantastic views of Mount Diablo. Investor opportunities considered. Income includes owner occupied units at market rent. Attn. Affordable Housing Developers - Entitlements in place for 126 units with the purchase of the adjoining lot (not currently listed).
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Listing courtesy of Statement Properties, LLC

Amenities

  • Zip
    94509
  • Office name
    Statement Properties, LLC
  • SQFT
    108900
  • Property type
    Lots and Land
  • Zoning type
    R-25
  • Lot size
    2.78
  • Sewer
    None
  • Agent name
    Jacob Kipp
  • Purchase Type
    Active
  • HOA fees
    $ No
  • Price Range
    $2m+
  • Square Feet Range
    7000+ sq ft.
  • Office ID
    13908
  • Agent ID
    206520652

Location

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