Davide F. Pio of BCRE and Doulat Rijhwani of Intero Real Estate Services are proud to present the near “shovel ready” land development at 36341 Mission Blvd., CA for sale. The development presents an excellent opportunity for an investor to bypass nearly all soft cost and time associated with the high barrier to entry that exists the San Francisco Bay Area.

The land totaling 0.79 acres (34,276 Sq. Ft.) has nearly completed all items for full entitlements for 13 townhouse units to be sold at market rate in an ever-rising housing market which continues to climb higher even in an elevated interest rate environment. Reserve studies demonstrate the HOA’s at $212/unit/month average, and the consistent short supply of housing ensure that the remaining project can be taken by a developer to profitability.

In addition, California’s AB 1286 allows developers up to 100% bonus density. This allows flexibility in that the developer can continue the project as it stands, or proceed with the additional density for a potentially higher yielding project.

Fremont has been rated #1 in the USA for Happiest Cities for it’s 5th consecutive year per WalletHub for a multitude of reasons including it’s high quality schools, proximity to job centers in San Francisco, San Jose/Silicon Valley, and to Palo Alto’s Stanford. The development is one block from California’s Nursery Historical Park and just minutes to the Alameda Creek Regional Trail. Downtown Fremont, Amtrak + Bart, and freeway access is a short drives distance.

Representation – Seller