332 Placerville Drive, Placerville, CA 95667

$325,000
List Price
$325,000
MLS#
222068627
Acres
1.91
Type
Land
Zip
95667
city
Placerville
Region
Greater Placerville

Property Description

Opportunity to develop Multi-Family housing in the Placerville City limits. 2 parcels are being offered for sale. The front .4 acres is currently designated as commercial while the back 1.51 acres is zoned R-3 Multi Family by the city of Placerville. This could allow for 18 to 22 residential units. The City has several grant programs available for Multi-Family development right now that can help to streamline the process. The property is sloped with multiple terraces already cut in. Tremendous commercial development opportunities as well with over 100' of frontage on the highly trafficked Placerville Dr. Seller has unapproved plans in place for commercial auto repair/storage.

Additional Information

Land Area (Acres)
1.91
Subtype
Commercial Acreage
Zoning
Office, Business/Professional, Commercial, Rezone Possible, Mixed, Multi-Residential
Current Use
Residential
Development Status
Other
Vegetation
Brush, Trees Many, Grassed
Road Frontage
City Street
Primary Res
Non-Conforming
Additional Living Unit
No
Outbuildings
Shop
Irrigation
Public
Special Conditions
None

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 Navigate Realty, .

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2022 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information.

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