The lots benefit from favorable T5-R zoning, which allows for development density of 65 units per
acre "by right”. The property sists in the TOD (transit orient development boundary) allowing for
even greater density and intensity.
The property is currently a single-family home in the "Natoma Park" subdivision. The median listing
home price in Natoma Park was $1.5M in December 2022, trending up 22% year-over-year. The median
listing home price per square foot was $613. The existing property is 2,100 ft on a 5,200 ft lot.
The property abuts the underline directly to the South. In our analysis, the highest and best use
is as a redevelopment for either two upscale twin homes or four-row house
townhomes. The underline will experience new development and revitalization.
Land Size: 0.5200
Zoning: T 5-R
Parcel ID: 01-4115-026-0611
To be delivered with Approved Plans.