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Investment Highlights
- Multifamily 85 Unit Potential
Executive Summary
Beautiful views of downtown Watsonville and surrounding skyline.
Prime multi-residential development opportunity in the heart of Watsonville..
State density bonuses also likely available for affordable housing projects.
Current plans and reports (civil, architectural, mechanical, geo-tech and landscape) available for a lower density project that was never completed. Draft plans available for 20+ unit development.
Prime multi-residential development opportunity in the heart of Watsonville..
State density bonuses also likely available for affordable housing projects.
Current plans and reports (civil, architectural, mechanical, geo-tech and landscape) available for a lower density project that was never completed. Draft plans available for 20+ unit development.
Property Facts
| Price | $1,272,097 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.44 AC |
| Property Type | Land | ||
| Zoning | RM3 - Commercial Flex Area of the Downtown Watsonville Specific Plan (DWSP) | ||
| Price | $1,272,097 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.44 AC |
| Zoning | RM3 - Commercial Flex Area of the Downtown Watsonville Specific Plan (DWSP) |
1 Lot Available
Lot
| Price | $1,272,097 CAD | Lot Size | 0.44 AC |
| Price Per AC | $2,881,959.78 CAD |
| Price | $1,272,097 CAD |
| Price Per AC | $2,881,959.78 CAD |
| Lot Size | 0.44 AC |
20,299 SF +/- parcel located in Downtown Watsonville. Downtown Specific Plan (DWSP); Commercial Flex Area, which allows up to 85 dwelling units per acre (subject to unit configuration, parking, set backs, etc.)is available.
Description
The property is in Watsonville’s industrial zone near major highways and the municipal airport. It is within proximity to commercial and retail services and is located in an area with regional agricultural businesses. The surrounding road network supports connectivity to multiple Central Coast markets, Santa Cruz, Monterey, and U.S. 101 for freight operations.
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Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 016-153-04-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $291,133 CAD | Total Assessment | $291,133 CAD |
Property Taxes
Parcel Number
016-153-04-000
Land Assessment
$291,133 CAD
Improvements Assessment
$0 CAD
Total Assessment
$291,133 CAD
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