55 Brookdale Ave - Residential LAND FOR SALE


San Rafael, CA 94901- Lincoln-San Rafael Hill11,326 SF
$1,450,000 USD
916-677-6633
55 Brookdale Ave, San Rafael, CA for Sale
$1,450,000 USD
Residential LAND - FOR SALE
1/7
11,326 SF

55 Brookdale Ave
San Rafael, CA 94901
Lincoln-San Rafael Hill


HIGHLIGHTS

  • Streamlined Path to Entitlements Through Previous Approvals
  • Barriers to Single-Family Ownership in One of the Nation’s Wealthiest Locales
  • Supply-Starved Region with Minimal Future Pipeline

OVERVIEW

Berkadia is pleased to exclusively present the opportunity to acquire 55 Brookdale Avenue (“55 Brookdale” or the “Site”), a 0.26-acre residential development site in the heart of Marin County. Previously approved for 10 for-rent or for-sale multifamily units, the Site offers developers a streamlined path to entitlements by reviving prior approvals, or the optionality to entitle a new project subject to San Rafael’s high-density residential development standards. With Marin County’s average home price of $1.4MM, 55 Brookdale Avenue presents a unique opportunity to develop a boutique, modern multifamily community, addressing the demand for both for-rent and for-sale housing in an affluent and high-demand market.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/ACRE

$5,576,726/AC

PRICE/SF

$128 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

55 Brookdale - Multifamily Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.26 AC

LAND SF

11,326 SF

OFFSITE IMPROVEMENTS

-

ZONING

HR-1

APN/PARCEL ID

011-074-04,011-074-05

ASK ABOUT THIS PROPERTY

Sydney LadrechBerkadiaMore Info
916-677-6633

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Sydney LadrechBerkadiaMore Info
916-677-6633

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