Search Results for 

11 Hill Circle - Apartment Development Project, Salinas, CA

Welcome to SHOWCASE.COM, the Web's most comprehensive source of commercial property data, where you can search from 900,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land, Multi-Family or other commercial property types, just click the button to the right.
11 Hill Circle - Apartment Development Project

Salinas, CA 93905 - Salinas Submarket

Property Type:Land Parcel Size:7.67 Acres
For Sale Price:$1,700,000 Price/Acre:$221,643 Price/SF:$5.09

Proposed Use:Apartment Units

On-Site Improv:-

Sale Notes:
11 E. Laurel Drive project is approved for a 53 Unit Housing Development project. This approval and expiration has been extended to April 17th, 2018 to begin construction. Project is marginally profitable. City has indicated a willingness to increase density to 85-90 units apartment project or more. Redesign to a traditional apartment project is possible with 2-3 buildings on part of the property. Ideal for affordable or subsidy, low income, or senior housing. Maps, City CUP paperwork for prior project, and Environmental & Soil Reports are available. Call for more information.

The property sits along Laurel Drive in Salinas which is a main thoroughfare. It would also have an outlet at Hill Circle.

Renz & Renz
George L Renz
(408) 846-1031 x1

Share this listing

Copy and paste this HTML into your blog or web page:
<a href="" target="_blank">11 Hill Circle - Apartment Development Project, Salinas, CA - Commercial property</a>

Send Email
Add a personalized message: (Optional)
Copyright © 1997-2018 CoStar Realty Information, Inc. All rights reserved.  |  About SHOWCASE.COM |  Advertise |  Site Map |  800-216-3234