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Listed by Gurjeet Rai • Doorlight Inc
$ 7,500,000
Est. payment | /mo
166,835 SqFt
$ 7,500,000
Est. payment | /mo
166,835 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 166,835 sqft
Price per Sqft $44
MLS Listing ID ML82063173
HOA Y/N No
Lot Size 3.830 Acres
Property Sub-Type Unimproved Land
Source Datashare MLSListings
Property Description
Exceptional opportunity to acquire a prime infill multifamily development site at 561 Peabody Rd in Vacaville. Situated on approximately 3.83 acres, the property has City-approved Major Design Review for an 82-unit market-rate apartment community featuring four three-story buildings with a mix of 1-, 2- and 3-bedroom residences and 178 on-site parking spaces. The planned community includes a swimming pool with fenced patio, exercise room, community room, communal kitchen, picnic areas, dog-walking area, landscaped open space and pedestrian walkways. Contemporary architecture incorporates stucco, wood siding, stone veneer, metal window mullions and a modern flat-roof design. Zoned MX Mixed Use, with multifamily residential use permitted by right. Positioned in an established infill location near residential neighborhoods, schools, shopping, dining and everyday services, with access from Peabody Rd and Marshall Rd. A compelling opportunity for developers seeking an approved multifamily project in a strong, well-connected Vacaville location. Some listing images are conceptual/digitally generated renderings for illustrative purposes only; final design may vary. Buyers to independently verify all information.No sign on the property.
Location
State CA
County Solano
Interior
Fireplace No
Exterior
View City Lights
Building
Lot Description Level, Rectangular Lot
Water Public
Schools
School District Vacaville Unified, Vacaville Unified
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Adam Shoop
Broker Associate at LPT Realty Lic# 1782227