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Investment Highlights

  • Zoned C-MU and R-2, supporting mixed-use and multifamily development.
  • Recent Caltrans improvements provide modern roadway infrastructure.
  • Potential development includes neighborhood retail, estate homes, and up to 20 multifamily units.
  • Direct frontage along California Highway 99 for strong visibility.
  • Market supported by a projected 35% population increase in the region.
  • Investment options available within defined zoning regulations.

Executive Summary

The site consists of two parcels currently zoned for Commercial Mixed-Use (C-MU) and Residential (R-2), creating a versatile platform for a combination of retail, single-family homes, and multifamily projects. Its location on California Highway 99 provides direct frontage and excellent visibility, supported by recent Caltrans' street improvements.

Property Facts

Price $1,171,419 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Apartment Units
  • Auto Dealership
  • Auto Repair
  • Bank
  • Bowling Alley
  • Community Centre
  • Contractor Storage Yard
  • Tienda de conveniencia
  • Funeral Home
  • Garden Centre
  • Hotel
  • Medical
  • Motel
  • Neighbourhood Centre
  • Post Office
  • Public Library
  • Religious Facility
  • Single Family Development
  • Storefront, Retail or Office
  • Truck Stop
  • Truck Terminal
  • Warehouse
  • Agricultural
Total Lot Size 12.57 AC
Zoning C-MU & R-2 - Parcel A: C-MU, Commercial-Mixed Use Zone District Parcel B: R-2, Residential Zone District

1 Lot Available

Lot

Price $1,171,419 CAD
Price Per AC $93,191.64 CAD
Lot Size 12.57 AC

This 12.57-acre lot is made up of 2 parcels with 7.17 acres and 5.4 acres. The site provides numerous possibilities to develop. Formerly a commercial orchard, the entrance to the property is strategically on CA Hwy 99, resulting in high visibility.

Description

Local government planning encourages mixed-use development to meet projected housing and commercial demand as the region anticipates significant population growth. The property is well-positioned to accommodate various configurations, from neighborhood retail or a strip center to estate homes and multifamily communities with a minimum of 20 units allowed under current zoning. Nearby amenities and connectivity to the Greater Sacramento area further enhance the investment appeal. This property represents an opportunity to align with the area’s growth trajectory, leveraging favorable zoning and infrastructure improvements for long-term value creation.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 40350557

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: Live Oak Blvd, Live Oak, CA 95953

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