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Investment Highlights

  • ±20.9 Acres of Residential Land in Placerville, CA
  • Located just 1/3 mile from Highway 50, with 33,827 ADT and easy access to Apple Hill, a popular tourist area
  • Largest parcel of land within the city limits of Placerville, CA
  • Zoned for residential use with 52 total lots offering flexible development options
  • Potential for a Senior Assisted Living facility on five acres of R1-A zoned land within Placerville city limits

Executive Summary

A five-acre portion of the property, zoned R1-A, is well-suited for a Senior Assisted Living facility, meeting an important community need. The surrounding natural landscape provides a quiet and pleasant setting that complements residential living or senior care. With its combination of zoning flexibility and proximity to key amenities, this property offers a versatile development opportunity in a growing area.

Sale Flyer

Property Facts

Price $2,214,616 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units - Senior
  • Master Planned Community
  • Single Family Development
Total Lot Size 20.90 AC
Zoning R1A.R1-10

1 Lot Available

Lot

Price $2,214,616 CAD
Price Per AC $105,962.47 CAD
Lot Size 20.90 AC

Description

Located in Placerville, CA, this ±20.9-acre parcel offers significant potential for residential or senior living development. Just 1/3 mile from Highway 50, the property is conveniently positioned near a major transportation route with 33,827 average daily traffic (ADT). The current zoning supports a mix of single-family residential uses, including 48 lots of approximately 10,000 square feet each and four larger one-acre lots.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
002-061-012-000
Land Assessment
$242,381 CAD
Improvements Assessment
$0 CAD
Total Assessment
$242,381 CAD

Sale Advisor

Sale Advisor

Victor Manuel-Saldana, Director of Sales & Leasing
Focus on Tenant representation, and primarily Restaurants. Master Broker for emerging brand such as Quesadilla Gorilla and MF Gyro and Burgers while also working with concepts such as Sourdough and Co, Slice House, Spitz Mediterranean, Mayweather Boxing, Uptown Cheapskate, Juice it Up, BB.Q Korean Chicken and a growing Hispanic Supermarket brand.  
Retail Value-Add Landlord representation experience with a lease-up and sale strategy.
  • Listing ID: 24739588

  • Date on Market: 2021-12-29

  • Last Updated:

  • Address: Anderson Estates, Placerville, CA 95667

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