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3978 Mary Avenure Ave 27.17 Acres of Commercial Land Offered at $3,652,071 CAD in Olivehurst, CA 95961



Investment Highlights
- Tentative Map
- 117 Paper Lots
- 27 Acres
Executive Summary
Property Facts
| Price | $3,652,071 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 27.17 AC |
| Property Type | Land | ||
| Zoning | R-01 - Single family homes. | ||
| Price | $3,652,071 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 27.17 AC |
| Zoning | R-01 - Single family homes. |
1 Lot Available
Lot
| Price | $3,652,071 CAD | Lot Size | 27.17 AC |
| Price Per AC | $134,415.57 CAD |
| Price | $3,652,071 CAD |
| Price Per AC | $134,415.57 CAD |
| Lot Size | 27.17 AC |
Regular shaped lot at the end of the road on of a residential neighborhood.
Description
Welcome to Ostrom Ranch. The project consists of a tentative subdivision tract map that would create 117 residential lots on 21.83 acres, a Lot A - Clark Lateral on 1.27 acres, and a Lot B - OPUD or Open Space on 2.06 acres of a 25.16-acre property. The project site is located at 3978 Unit #A Mary Avenue, at the south end of Donald Drive and 350 feet west of Mary Avenue, in the Olivehurst Community (APN: 014-850-014-000). The site is bordered by Mary Avenue to the east, the Union Pacific railroad (UPRR) tracks to the west, and the Olivehurst Public Utility District's (OPUD) Wastewater Treatment Facility to the south. The 2030 General Plan designates the land use as Valley Neighborhood and the zoning is RS'' Single Family Residential. The Ostrom Ranch Subdivision proposes 117 residences on roughly 25 acres for a density of 4.65 dwelling units per acre. The RS'' zoning allows a density on the site of 3 to 8 units per care. The property is currently undeveloped and vacant. Access will be on Donald Drive and a new 30 foot road, Hensley Drive, off of Mary Avenue. There are six new internal street proposed: Donald Drive, Bryne Drive, Brianna Way, Darrach Drive, Katz Drive, and Lorelai Way that will meet the 48 foot residential road width requirements. All roads will be required to be built to County Urban Local Road standards as a Condition of Approval of the map.
Property Taxes
| Parcel Number | 014-850-014-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,330,378 CAD | Total Assessment | $2,330,378 CAD |
Property Taxes
Presented by
3978 Mary Avenure Ave
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