(Undisclosed Address), Madera

$830,000

0 Beds
0 Baths
190,792 Sqft
4.38 Acres
0 Garages

Great opportunity to acquire rare high density multifamily development land in a growing City with shrinking vacancy. This piece hits the sweet spot of slightly over 100 unit potential, with good access from Highway 99, located near the new High School and Madera Hospital. Per City of Madera and the 2 Housing Element Update, the following parameters apply. This parcel is within the PD-1500 (Planned Development) Zone District. Zoning allows for a maximum density of 29 units per acre. The Maximum Capacity of the land is is roughly 122 units with a Realistic Capacity of 104 units.

Essential Information
MLS® #516051
Price$830,000
Square Footage190,792
Acres4.38
TypeLots
Sub-TypeMulti Family, Single Family
StatusActive
Community Information
AddressN/A
Area637
CityMadera
CountyMadera
StateCA
Zip Code93637
Amenities
AmenitiesCorner, Cul De Sac
Exterior
Lot DescriptionIrregular, Level
School Information
DistrictMadera Unified
ElementaryParkwood
MiddleMartin Luther King
HighMadera South
Additional Information
Date ListedJanuary 14th, 2019
Days on Market125
Zoning

PD-1500 Multi Family +-29 units per acre

Listing Details
AgentJohn M. Pestorich
Office99 Properties Inc.
LISTING MAP

Get directions to this property:

Data last updated: May 20th, 2019 at 1:59am CDT and updating occurs up to every 15 minutes

The information being provided by FRESNO Association of REALTORS® is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Get in touch