We are pleased to offer for sale a prime, ~17.6 acre parcel, within the Tivoli Specific Plan. Zoned LDR for Low Density Residential Development, this parcel can support the development of approximately 70-140 new single-family homes.
Situated on over a mile of Tuolumne River frontage, this exceptional Walnut ranch encompasses 4 parcels totalling 97.58 acres. Trees are Chandler walnuts planted March 31, 2017. Soil types are GmA-Grangeville, HbA & HdA-Hanford and TuA-Tujunga. One Ag well with 100 hp pump. Double line drip irrigation. Located in the MID water district. Other improvements include underground utilities, graded roadways around property, a nice 30x60 shop and a small single family 2 bedroom 1 bath home with domestic well. A substantial investment went in to developing this ranch. Property is enrolled in the Williamson Act.
Prime Development Opportunity in Riverbank, CA High-Density Residential Property This 1.65-acre parcel (APN# 074-006-024-000), zoned for High-Density Residential use, offers incredible potential for developing 30+/- residential units in the rapidly growing Crossroads West Specific Plan, Riverbanks Newest Master Planned Community. An adjacent 2.88 Acres is available for a broader expansion. Please refer to Crexi Listing. Strategically positioned for a high density development with a vibrant pedestrian corridor. In close proximity to shopping centers, restaurants, and a planned 1,400-home development. This property includes a custom 3-bedroom, 3-bath, 2,100 sqft home, a 1,200 sqft shop, and a barn, providing the option for buy and hold with rental income. Alternatively, the owner will accommodate an entitlement period for future development. This is a unique opportunity to secure a prime piece of land in one of Riverbanks most promising growth areas and capitalize on the city's rapid expansion. Buyer to conduct their own due diligence with the City of Riverbank on development specifics.
This prime raw land is zoned R3, originally planned for the construction of a detached duplex plus one Accessory Dwelling Unit (ADU). The property boasts an already completed foundation and plumbing for one unit. Estimate for $6000/monthly property income when all 3 unit completed. Situated in a verified California Opportunity Zone, this land offers not only a fantastic investment potential but also tax incentives for development. With overhead power supply already in place, securing a power upgrade for future construction will be streamlined, making this an ideal location for developers looking to maximize their investment. Don’t miss the chance to turn this property into a profitable multi-unit housing project!
Modesto is located in California. Modesto, California has a population of 217,728. Modesto is less family-centric than the surrounding county with 32.59% of the households containing married families with children. The county average for households married with children is 35.12%.
The median household income in Modesto, California is $67,011. The median household income for the surrounding county is $68,368 compared to the national median of $69,021. The median age of people living in Modesto is 34.9 years.
The average high temperature in July is 93.8 degrees, with an average low temperature in January of 38.9 degrees. The average rainfall is approximately 12.9 inches per year, with 0 inches of snow per year.