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Listed by Bobby Ohadi • Abode Real Estate, DRE#02017191
$ 2,970,000
Est. payment | /mo
0.26 Acres Lot
$ 2,970,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82063000
Lot Size 0.259 Acres
Property Sub-Type Residential Development Land
Property Description
Delivered with Planning Approval for 9 Townhomes! Exceptional opportunity to acquire two adjacent parcels in a prime Campbell location with seller-delivered planning approval for a 9-townhome development. This offering is ideally suited for a developer seeking a substantially de-risked project with entitlement work completed prior to closing. The property is located within walking distance of Downtown Campbell, offering convenient access to dining, shopping, entertainment, transit, excellent schools, and major Silicon Valley tech employers. The existing improvements generate approximately $100,000 in annual rental income, providing attractive in-place cash flow prior to redevelopment. With planning approval for 9 townhomes, strong existing income, and a highly desirable infill location, this is a rare opportunity to acquire a development-ready residential project in one of Campbells most sought-after neighborhoods.
Location
State CA
County Santa Clara
Area Campbell
Zoning P-D
Exterior
Fence Other
Utilities Available Public Utilities
Present Use Warehouse
Building
Lot Description Other
Sewer Sewer - Public
Water Public
Others
Tax ID 412-02-015
Horse Property No
Special Listing Condition Not Applicable
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