1765 Broadway StVallejo, CA 94589

Property Details for 1765 Broadway St

Year built

1990

Lot size

3.21 AC

Property size (Sq ft)

60,597 SF

Zone code

CP AND IU

Property type

Land

Property subtype

Commercial land

APN

0052-160-100

APU

52160100

Description

This exceptional development opportunity presents a fully entitled 111-unit apartment project situated on a sizable 4-acre lot in Vallejo, California. The project is planned as a garden-style, surface-parking design, offering significant flexibility for the developer. The zoning allows for a 100% market-rate development, a fully affordable housing project, or a blended mix of both, catering to a wide range of investment strategies and community needs. Priced at $4,995,000, this represents a compelling investment opportunity, particularly given the site's location within a Qualified Opportunity Zone (QOZ), offering substantial tax advantages for eligible investors. The property's address is 1765 Broadway, Vallejo, CA 94589, within Solano County. The seller is open to exploring joint ventures or creative financing solutions to facilitate a smooth and mutually beneficial transaction. This is a rare chance to acquire a fully entitled project, eliminating significant pre-development hurdles and accelerating the path to construction and revenue generation. The project's design and location offer strong potential for high occupancy rates and attractive returns. Detailed plans and specifications are available upon request.

• Alternative Use

  Use

  Valuation

  Residential

  $20,986,550

  Hospitality

  $19,223,568

  Educational

  $15,993,783

  Medical

  $16,543,833

  Retail

  $24,879,218

Location Insight

City

Vallejo

County

Solano

State

California

Latitude

38.1305

Longitude

-122.253

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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