50 Nwq Ray Lawyer Dr & HwyPlacerville, CA 95667

Property Details for 50 Nwq Ray Lawyer Dr & Hwy

Lot size

3.61 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 3.61-acre commercial land parcel, located in Placerville, California (zip code 95667), presents a unique investment opportunity. Situated at the intersection of NWQ Ray Lawyer Drive and Highway 50, this property boasts high visibility and convenient access. The land is zoned HO (Housing Opportunity Overlay), and its Assessed Parcel Number (APN) is 323-400-020-000. A significant advantage is the existing Tentative Map (TSM 07-01), which allows for the development of approximately 20 single-family homes. This map is currently valid until June 24, 2026, providing ample time for project planning and execution. The asking price for this strategically located property is $975,000. The property is within the city limits of Placerville, offering access to city services and infrastructure. This presents a compelling opportunity for developers seeking to capitalize on the growing demand for housing in the Placerville area. The property's size and zoning make it an attractive prospect for a variety of residential development projects. Serious inquiries are encouraged to explore the potential of this exceptional land parcel.

Location Insight

City

Placerville

County

El Dorado

State

California

Latitude

38.7295

Longitude

-120.83

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