$750k Price Reduction | Browns Corner FOR SALE


Woodland, CA
$3,750,000 USD
530-290-1765
, Woodland, CA for Sale
$3,750,000 USD
FOR SALE
1/25
null | 5.11% Cap Rate

$750k Price Reduction | Browns Corner
Woodland, CA


HIGHLIGHTS

  • Fantastic Development Opportunity With Over $265,000 of Gross Income From (15) Existing Tenants
  • Corridor Mixed Use Zoning Allows For Significant Flexibility (CMU-WN)
  • 5.35 Acres Sprawled Across Three Parcels and Located on One of the Best Hard Corners in Woodland, CA
  • Strong Traffic Counts Along W. Main Street and County Road 98 (I-5 Business Loop)

OVERVIEW

ALIVE Commercial Real Estate is excited to present Browns Corner, a fantastic redevelopment opportunity located in Woodland, CA. This prime location consists of three parcels at the intersection of W. Main and County Road 98, encompassing approximately 5.35 acres. The property offers significant potential, with existing cash flow and exceptional prospects for retail, apartment, hotel projects, or a combination of these uses. According to the city's 2035 General Plan, these parcels are designated for Corridor Mixed Use, allowing for a density of 20-40 dwelling units per acre. This zoning offers flexibility and creativity for new development, encouraging diverse housing options and considerable FAR flexibility. The new zoning code was recently approved, introducing a dynamic opportunity to develop Class A product in a market in a supply-constrained market. Go to: https://www.cityofwoodland.gov/1168/Documents for further information.

ASK ABOUT THIS PROPERTY

Spencer MoyerALIVE Commercial Real EstateMore Info
530-290-1765

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Spencer MoyerALIVE Commercial Real EstateMore Info
530-290-1765

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.