705 Hillcrest, Newbury Park, CA 91320

$1,495,000
List Price
$1,495,000
MLS#
SR24059595
Status
ACTIVE
Type
Land

Property Description

705 Hillcrest Dr. is an amazing opportunity to purchase an incredible 2.5 acre commercial lot in Thousand Oaks. The lot is located in the heart of Thousand Oaks, just minutes from the Thousand Oaks Mall, and within walking distance to Sprouts Market. This beautiful 2.5 acre lot has approximately 35,000 sq. ft. of flat usable land. The lot is zoned C-O (Commercial-Office), which allows for a wide variety of uses, such as office, medical office, assisted living and rehabilitation centers. Furthermore, the city has indicated that they may be open to mixed use or residential projects. The zoning allows for 50% lot coverage and has a 25 height restriction. The property also has a charming stream that runs along the back of the property. This is an exceptional opportunity to purchase a versatile lot in the Thousand Oaks Market.

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Courtesy of Keller Williams Realty Calabasas, Zachary King.