16 HwyEsparto, CA 95627

Property Details for 16 Hwy

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional investment opportunity presents 120 residential lots and 40 existing apartments in the thriving town of Esparto, California. Located on Highway 16 in Yolo County (zip code 95627), this map-ready project is primed for immediate development. The property offers significant potential given Esparto's burgeoning growth and its strategic location, just 30 minutes from Sacramento and within easy reach of Davis and Woodland. The current seller's market in Esparto, with a median listing home price of $550,000 and a median price per square foot of $287 (August 2024 data), indicates strong demand for housing. The area boasts a population of approximately 3,572 residents and enjoys proximity to various amenities, including Cash Creek Casino (9 miles), UC Davis (24 miles), Vacaville (29 miles), and Sacramento (38 miles). Further afield, Napa, Berkeley, San Francisco, Stockton, and Santa Rosa are all within a reasonable driving distance. This development presents a unique chance to capitalize on the increasing demand for housing in a desirable, rapidly growing community. The property's existing 40 apartments provide immediate rental income while the 120 lots offer substantial long-term development potential. This is an ideal opportunity for developers seeking a high-return investment in a thriving California market.

Location Insight

City

Esparto

County

Yolo

State

California

Latitude

38.6961

Longitude

-122.02

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].