3995 Smith St - Residential LAND FOR SALE
Union City, CA 94587 | 50,094 SF
$5,500,000 USD
650-425-6418
3995 Smith St
Union City, CA 94587
HIGHLIGHTS
- Signalized corner with a combined 35,000+ VPD
- Priced to sell at only $4.78m/acre
- Very favorable zoning for residential, commercial or mixed use developments
- FAR is up to 1.5 for mixed use developments
- Current income of $4,375/month from the office tenants who are all on month to month leases (see OM for rent roll).
OVERVIEW
PRICED TO SELL
1. Asking Price is $5,500,000 (only $4.78m/Acre)
2. Prime signalized corner
3. Traffic count on Union City Boulevard is over 23,000 VPD
4. Hard to find 1+ acre site
5. All tenants in the 4,477 sf office building are month to month
6. Very favorable development standards, with a 1.5 FAR for mixed use development
7. Up to 50 foot height limit
FOR SALE DETAILS
PRICE
$5,500,000 USD
PRICE/ACRE
$4,782,609/AC
PRICE/SF
$110 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
Mixed Use Development Opportunity
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Residential
LAND PROPOSED USE
Commercial, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo
LAND ACRES
1.15 AC
LAND SF
50,094 SF
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
VMU
APN/PARCEL ID
483-0010-018-00,483-0010-019-01,483-0010-020-00,483-0010-021-01,483-0010-022-03
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650-425-6418
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650-425-6418
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