LAND FOR SALE: Single Family Development Opportunity

6230 Westside Rd Redding, CA 96001

Medium_full
Thumb_full Thumb_full Thumb_full Thumb_full Thumb_full Thumb_full
FOR SALE Incentives
Property Type:
Residential Land Development
Amount:
$555,000
Last Verified:
May 09, 2017

Highlights

  • Two Adjacent Land Parcels in Well-Located Area
  • Planned Development Zoning that allows for 37 SFR
  • Tentative Map in Place and Ready for Final Map Recording
  • Easy Access to North / South Traffic Corridor
  • Attractive Price Allows for Profitable Development Project

Description

The Westside Road project will provide attractive, functional and affordable living in a very appealing environment. This property includes two parcels of land with Tentative Map already in place for 37 single family residences and
is ready for Final Map recording that allows two and three story houses as currently proposed.
The homes would range in size from 1,300 to 2,000 square feet with a variety of well-designed floor plans and alternative building elevations available. Outdoor living areas and common area amenities have been incorporated into the plan. A master plan provides for the preservation of oak trees along with flowering trees, shrubs and shade trees.
Neighboring houses are selling between $250,000 to $300,000. The RM-18 zoning is flexible and also allows for multi-family apartments as originally proposed. The project site is located just 5 miles south of downtown Redding. Strong demographics for the area with a population of 26,297 and an average household income of $55,708 in a 3-mile radius.

Located in Redding, CA

Lot Size: 3.68 acres

Map of 6230 Westside Rd, Redding, CA, 96001

Discussion/Comments

Presented by:
Thumb_a566ad7cfa

Request additional information
Icon_d8d398f6b1
: (949) 274-2434


Send a message
Share this Listing

Real Estate Incentives (What is this?)
Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.