For Sale
$662,500

9601 Blue Larkspur Ln Monterey, CA 93940

Prime Monterey location, 1.79 acres, approved for mixed-use development.

Overview

Added:
Feb 3
Days on market:
84
This exceptional 1.79-acre commercial land parcel presents a rare opportunity in the desirable Monterey, CA market. Situated along Highway 68, this property boasts unparalleled visibility and accessibility. Its strategic location offers significant potential for a variety of development projects. An adjacent property has recently received approval for an apartment complex, suggesting strong market demand and feasibility for similar ventures. The zoning allows for the construction of apartments, professional office buildings, or a mixed-use development, providing considerable flexibility for investors and developers. The expansive lot size provides ample space for a substantial project, accommodating significant square footage and potentially multiple buildings. Given the scarcity of available commercial land in this area, particularly along a major thoroughfare like Highway 68, this property represents a truly unique investment opportunity with significant upside potential. The approved adjacent apartment project further validates the desirability and viability of this location for high-density development. This is an exceptional chance to acquire a prime piece of Monterey real estate with a clear path to development. The property's location and zoning flexibility make it an ideal investment for those seeking high-return opportunities in a thriving California market. Serious inquiries are encouraged.

Property Details for 9601 Blue Larkspur Ln

Property type
Commercial real estate
Lot Size (sq. ft)
77,972 SF

Location Insight

City
Monterey
County
Monterey
State
California
Latitude
36.57339
Longitude
-121.8077

FAQs

What type of property is this?
Commercial real estate - Prime Monterey location, 1.79 acres, approved for mixed-use development.
Where is the commercial real estate located?
The property is located at 9601 Blue Larkspur Ln Monterey, CA.
What is the asking price?
The asking price for this property is $662,500.
How can I contact the broker?
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9601 Blue Larkspur Ln
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