1950 Leghorn St, Mountain View, CA 94043

$3,200,000
List Price
$3,200,000
Price Change
▼ $100,000 1600827680
MLS#
ML81784954
Zoning
MM-40
Lot Size
23,374
Neighborhood
Rengstorff

Property Description

$3.3M for a quick close like 45 day due dilligence and 30 day close of escrow. We have 2 x $3.7m offers from housing developers that need 24 months, which we rejected. Previously entitled for 7,800 sf, 2 story office building. Housing developers think that 90 units of affordable housing is possible. Seller can also build to suit or build office building and lease it to tenant at $4.00/sf NNN to $5.00/sf NNN. 1 floor lease possible. Highway signage possible, 250,000 cars per day. MM-40 Light Industrial Zoning. Sares Regis successfully developed 5.5 acres from same zoning to townhouses, 2 blocks away. 1,400 sf house on property now. 2 vehicle-related tenants now on month to month.

Additional Information

Present Use
Automotive, Commercial, Industrial - Light, Office, Residential
Parcel Access
City Street
Development Status
Approved Building Plan
Fence
Chain Link
Water
Water On Site
Wewer
Community Sewer / Septic
Other Utilities
Electricity - On Site, Natural Gas, Public Utilities

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Symphonic Real Estate Services, Alexander Kent.

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