Address: |
view address Campbell, CA 95008 Map Location |
Square Feet: | 81,457 sq.ft. |
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Lot Size: | 1.87 acres | Year Built: | 2000 |
Property Type: | Unimproved Land | County: | Santa Clara |
Listing Number: | ML81884173 |
This is an opportunity to buy the property and entitle it for Residential housing development. City of Campbell, located in Silicon Valley, California, needs thousands of multi-family housing per state and federal, RHNA requirements. With minimum density, about 21 units per Acre are allowed. Which means at a minimum 39 units will be allowed on 1.87 acres. For example, one of the products would be 39 three level townhouses on this property with: A. 11 units of 1,550 square feet B. 11 units of 1,775 square feet C. 11 units of 1,950 square feet Total 33 housing units B. M. R. Units would be: A. 2 unit of 1,550 square feet B. 2 unit of 1,775 square feet C. 2 units of 1,950 square feet Total 39 housing units Rental income projection As-Is: While you entitle property for residential development, you can use the existing 40,000 building for your office. If not, you could rent it at $1.95/SF NNN Triple net x 40,000= $78,000/month Plus bonus income from two cellular sites $8000/month
Fenced Lot: | Yes | Living Square Feet: | 81,457 |
High School: | Campbell Unified School District | Level Lot: | Yes |
Lot Acres: | 2 | Lot Sqft: | 81,457 |
Lot Zoned: | M1 | Transaction Type: | Sale |
Community information and market data Powered by Onboard Informatics. Copyright ©2022 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2022 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2022 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.