900 and 1320 Montclair Drive, Redding, CA, 96003

900 and 1320 Montclair Drive Redding, CA 96003

900 and 1320 Montclair Drive, Redding, CA, 96003
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FOR SALE
Property Type:
Residential Land Development
Amount:
$500,000
Last Verified:
Oct 24, 2024

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Highlights

  • Zoned RS-3 for residential development
  • Potential for approximately 73 residential lots based on old tentative map
  • Prime investment opportunity in Redding, CA
  • Ideal for land and residential investors
  • Favorable location for future housing development
  • Strategic property with high growth potential
  • Proximity to amenities and essential services
  • Suitable for capitalizing on the growing demand for housing
  • Versatile potential for residential real estate development

Description

Introducing a prime investment opportunity at 900 and 1320 Montclair Drive, Redding, CA, 96003. The parcels are zoned RS-3,
and based on the old tentative map presents the potential to develop approximately 73 residential lots (from expired tentative maps). The most southern parcel is a designated remainder of the Blossom Park Subdivision and will require further entitlement work prior to transfer of ownership. The Seller is willing to consider an appropriate escrow period to accommodate the work required on this designated remainder parcel. The Seller's flexibility and location of the parcels offers a strategic advantage for land and residential investors seeking to capitalize on the growing demand for housing in Northern California. With its favorable zoning and ample potential for future development, these parcels stand out as a compelling opportunity for those looking to invest in the thriving Redding area.

Located in Blossom Park Subdivision just off of Interstate 5 in the northern area of Redding.

Building Size: 0sq ft
Lot Size: 32.6 acres


Documents

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Map of 900 and 1320 Montclair Drive, Redding, CA, 96003

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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."

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