952 Market St - Residential LAND FOR SALE


Yuba City, CA 95991 53,143 SF
$400,000 USD
530-870-1384
952 Market St, Yuba City, CA for Sale
$400,000 USD
Residential LAND - FOR SALE
1/8
53,143 SF

952 Market St
Yuba City, CA 95991


HIGHLIGHTS

  • ±1.22-Acre Entitled Multifamily Development Site
  • Exceptional Infill Corner Location
  • R-3 zoning permits a density range of 12 to 36 dwelling units per acre (±44 Units Maximum)
  • Zoning allows up to four stories (not to exceed 48 feet)
  • Strong Regional Demand Drivers
  • Positioned at the signalized intersection of Market Street and Perkins Way

OVERVIEW

Helm Properties is pleased to present the exclusive offering of a multifamily development site located at the corner of Market Street and Perkins Way in Yuba City, California. The subject property encompasses approximately 53,143 square feet (±1.22 acres) and is zoned R-3 (Multiple-Family Residential), consistent with the City of Yuba City's High Density Residential General Plan designation. The R-3 zoning permits a density range of 12 to 36 dwelling units per acre, representing a maximum yield of approximately 44 units on this site. The site is cleared and ready for development. Positioned at the signalized intersection of Market Street and Perkins Way, the site benefits from strong street visibility on two frontages and is situated within the established Yuba City city limits with full access to municipal water, sewer, and utility infrastructure. The surrounding area is experiencing active residential investment, making this an attractive infill opportunity in a market with meaningful barriers to new development. The R-3 designation accommodates the full spectrum of attached multifamily product types—including apartment communities, condominiums, and townhomes—providing developers with significant flexibility in design and exit strategy. The zoning allows up to four stories (not to exceed 48 feet), supporting podium or wood-frame construction depending on unit count and financing structure. Maximum lot coverage is 60%, providing a buildable footprint of approximately 31,886 square feet after setbacks and open space are factored into the site plan. At an asking price of $400,000—equating to $9,090 per unit at maximum density—this site offers a highly competitive land cost basis relative to comparable infill multifamily land in the Northern Sacramento Valley. The low per-unit land cost makes this site well-suited for affordable housing developers utilizing LIHTC or other subsidy structures, where land basis is a critical underwriting input. The Yuba-Sutter region continues to attract housing demand driven by its relative affordability compared to the Greater Sacramento metro, direct access to Highway 99, and a growing workforce base. Yuba City's multifamily pipeline remains constrained, supporting favorable rental fundamentals for new product.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/ACRE

$327,869/AC

PRICE/SF

$8 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

1.22 AC

LAND SF

53,143 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk

ZONING

R-3

APN/PARCEL ID

51-393-004-000

ASK ABOUT THIS PROPERTY

Jeff HelmHelm PropertiesMore Info
530-870-1384

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Jeff HelmHelm PropertiesMore Info
530-870-1384

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