Description
New Price on this Prime Development Opportunity: 8-Acre Parcel with Approved Subdivision and Rental Income. Unlock the potential of this prime 8-acre parcel, perfectly poised for development in a highly sought-after location. This property comes with a finalized subdivision map consisting of 25 approved lots, ready for manufactured or single-family homes, each with the option for accessory dwelling units (ADUs). The property includes a recently updated 2-bedroom, 2-bath manufactured home with 2 car garage/shop, providing immediate rental income at $1900/month or a comfortable residence while you develop the remaining lots. Nestled in a growing community with high demand for housing in the Thermalito Irrigation District this parcel is perfect for a local contractor or developer looking to capitalize on the growing housing market. Essential utilities are already accessible at the corner of the parcel, streamlining the development process.Dont miss this rare opportunity to develop a prime piece of real estate with significant earning potential. Contact us today to schedule a viewing and explore the possibilities. Environmental survey and engineering estimates available.
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2BEDS
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8ACRES
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2BATHS
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01/2 BATHS
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1,020SQFT
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$417$/SQFT
Description
New Price on this Prime Development Opportunity: 8-Acre Parcel with Approved Subdivision and Rental Income. Unlock the potential of this prime 8-acre parcel, perfectly poised for development in a highly sought-after location. This property comes with a finalized subdivision map consisting of 25 approved lots, ready for manufactured or single-family homes, each with the option for accessory dwelling units (ADUs). The property includes a recently updated 2-bedroom, 2-bath manufactured home with 2 car garage/shop, providing immediate rental income at $1900/month or a comfortable residence while you develop the remaining lots. Nestled in a growing community with high demand for housing in the Thermalito Irrigation District this parcel is perfect for a local contractor or developer looking to capitalize on the growing housing market. Essential utilities are already accessible at the corner of the parcel, streamlining the development process.Dont miss this rare opportunity to develop a prime piece of real estate with significant earning potential. Contact us today to schedule a viewing and explore the possibilities. Environmental survey and engineering estimates available.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Pushpa Nagaraj Team | Compass. Licensed in the State of California, USA.