± 4.45 AC Multifamily and/or Mixed-Use Development Opportunity in Northeast Tulare in a fast-growing part of the city. Located minutes east from CA 99 the "Golden State Highway”, with close proximity to the E Prosperity Ave commercial corridor. Mission Oak High School is right across the street, it’s adjacent to an Altura Health Center, close to a local church and has plenty of Restaurants nearby. The property is surrounded by New Developments including a Shopping Center, 250 single family homes, Market Rate Apartments and other projects.
This Corner Lot is composed of two adjoining parcels, the first is ± 1.59 AC zoned C-1 Neighborhood Commercial and can be developed for retail stores and personal service businesses. The second is ± 2.86 AC, zoned RM3 High Density Residential which can be developed for up to 21.78 dwelling units per acre (up to 65 units total) with possibilities for Market Rate Multifamily, Workforce Housing, Affordable Housing, Senior, or even Single-Family High Density.
The City of Tulare is also cooperative of a rezone of either parcel, the site potentially could be used for a Neighborhood Commercial Center or for a development of up to 100 units if rezoned for Multifamily.