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800 1st st
King City, CA 93930
800 South 1st Street, King City · Land For Sale
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33.13 AC


INVESTMENT HIGHLIGHTS
- Highway 101 frontage
- City has high demand for retail, hotel, residential
- Zoned as Opportunity Zone in business-friendly city
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $35,810,061 CAD | Lot Size | 41.00 AC |
| Price Per AC | $873,416.12 CAD |
| Price | $35,810,061 CAD |
| Price Per AC | $873,416.12 CAD |
| Lot Size | 41.00 AC |
41± ACRES FOR SALE – HIGHWAY 101-FRONTAGE. MIXED-USE DEVELOPMENT SITE (KING CITY, CA - MONTEREY COUNTY). Currently used for ag, row crops. Designated as Opportunity Zone by City.
DESCRIPTION
41± ACRES FOR SALE – MIXED-USE DEVELOPMENT SITE (KING CITY, CA - MONTEREY COUNTY) One of the last large development sites in King City, this property is designated as an Opportunity Zone for mixed-use retail/commercial, residential, and visitor-serving (hotel) development. King City, known as the gateway to Monterey County, is a business-friendly community with a growing economy. This prime multi-use property features extensive Highway 101 frontage and is conveniently located near a highway exit leading to downtown. Currently used for agriculture (row crops), the property includes one single-family home in excellent condition. The city continues to invest in infrastructure and streetscape improvements, further enhancing its appeal. King City is a thriving community in Southern Monterey County wine country, located near two growing military installations—Camp Roberts and Fort Hunter Liggett, one of the U.S. Army’s largest active training bases. Demand for retail and housing is increasing, with residential development expanding throughout the city. The property also serves as a gateway to Pinnacles National Park, one of the country’s newest national parks, and is poised to benefit from the upcoming AMTRAK train service and station—an exciting first for the city. Strategically positioned equidistant from Salinas and Paso Robles, the site offers breathtaking mountain views and exceptional development potential. General Plan Land Use Designation and Zoning Designation: • Zoning designations are Highway Service and Single Family Residential • General plan designations are Planned Development and Highway Service Commercial.
PROPERTY TAXES
| Parcel Number | 235-051-010-000 | Improvements Assessment | $171,580 CAD |
| Land Assessment | $267,301 CAD | Total Assessment | $438,881 CAD |
