2644 Morrill Rd - Residential LAND FOR SALE


Riverbank, CA 95367- South Riverbank104,544 SF
$1,600,000 USD
2644 Morrill Rd, Riverbank, CA for Sale
$1,600,000 USD
Residential LAND - FOR SALE
1/9
104,544 SF

2644 Morrill Rd
Riverbank, CA 95367
South Riverbank


HIGHLIGHTS

  • Fully entitled 48-unit multifamily development
  • ±2.40 acres of infill land in Riverbank
  • R-3 zoning (multifamily)
  • Complete plan set available (site plan, floor plans, elevations)
  • Strong access via Patterson Rd / SR-108 connectivity

OVERVIEW

2644 Morrill Rd presents a rare opportunity to acquire a shovel-ready multifamily project in the growing City of Riverbank. The property consists of approximately ±2.40 acres of infill land zoned R-3 and fully entitled for a 48-unit apartment community. Project approvals & entitlement have been issued, and the complete plan set is included with the listing, including the approved site plan, floor plans, and elevations. The proposed development features an efficient unit mix and a thoughtfully designed site plan that supports strong livability, circulation, and parking. The parcel is cleared and mostly level, positioned just off Patterson Rd with convenient access to SR-108 and connectivity to Riverbank’s primary retail, services, schools, and major employment centers throughout the greater Modesto area. Riverbank continues to see strong housing demand supported by regional population growth, limited new apartment supply, and relative affordability compared to larger nearby markets. A buyer can take advantage of the work already completed and move efficiently toward permits and vertical construction, accelerating the overall development timeline. This offering is well-suited for merchant builders, build-to-rent operators, and long-term investors seeking entitled land with meaningful value already created. The offering memorandum, entitlement documentation, approved plans, and supporting due diligence materials are attached to the listing. For additional information, please contact the listing agent.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/ACRE

$666,667/AC

PRICE/SF

$15 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

48-Unit Shovel-Ready Multifamily Project

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo

LAND ACRES

2.4 AC

LAND SF

104,544 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone, Irrigation

ZONING

R3

APN/PARCEL ID

075-30-01

ASK ABOUT THIS PROPERTY

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