Under Contract

Listed by Davide Pio and Doulat Rijhwani from BCRE

Source: Bay East, Contra Costa, EBRD #41059026

36341 Mission Blvd, Fremont, CA, 94536

$2,950,000

34276 sq. ft.

Land

30+ days on the market

What's around 36341 Mission Blvd

About this property

Near “shovel ready” land development at 36341 Mission Blvd., CA for sale. The development presents an excellent opportunity for an investor to bypass nearly all soft cost and time associated with the high barrier to entry that exists the San Francisco Bay Area. The land totaling 0.79 acres (34,276 Sq. Ft.) has nearly completed all items for full entitlements for 13 townhouse units to be sold at market rate in an ever-rising housing market which continues to climb higher even in a elevated interest rate environment. Reserve studies demonstrate the HOA’s at $212/unit/month average, and the consistent short supply of housing ensure that the remaining project can be taken by a developer to profitability.

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