0 WATERFRONT Rd - Commercial LAND FOR SALE


Martinez, CA 94553 232,175 SF
$99,000 USD
707-350-7719
0 WATERFRONT Rd, Martinez, CA for Sale
$99,000 USD
Commercial LAND - FOR SALE
1/1
232,175 SF

0 WATERFRONT Rd
Martinez, CA 94553


OVERVIEW

Explanation of "Environmental Mitigation Land": Many projects, both private and public, will have a negative impact on the environment. The agency in charge of processing the application for a project will often require some form of environmental mitigation* to offset harms caused by the project. If the mitigation cannot be performed on site, the agency in charge may consider an off-site location. The most common private project that requires mitigation is a new subdivision of houses. Public projects that require mitigation could include a freeway widening, a new bridge, or a dam. These 5.33 acres provide an excellent opportunity for off-site environmental mitigation. The agency in charge would most likely require that the parcel be donated to a public entity or a non-profit as a part of the mitigation. This parcel is very desirable to a party that must perform off-site mitigation because it lies in between the road and the swamp already owned by the State. Essentially the owner of the project that causes the environmental harm is saying ‘’We will give you these 5.33 acres to offset the harm that the project will cause.’’ * The term “mitigation,” as used in the environmental review of proposed projects, refers to measures that reduce the project's impact on the environment.

FOR SALE DETAILS

PRICE

$99,000 USD

PRICE/ACRE

$18,574/AC

PRICE/SF

$0.43 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Environmental Mitigation Land, Martinez, CA

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Open Space, Public Park

LAND ACRES

5.33 AC

LAND SF

232,175 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David FischerLAND LAW REALTY / SOUTHPORT LAND & COMMERCIAL CO.More Info
707-350-7719

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David FischerLAND LAW REALTY / SOUTHPORT LAND & COMMERCIAL CO.More Info
707-350-7719

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