$1,499,000
Presenting a competitively priced development opportunity in the Pacheco area, conveniently located near Pleasant Hill, Concord, and Martinez. This approximately 0.45-acre, generally level parcel offers compelling potential for residential or mixed-use development in a highly accessible Contra Costa County location. Preliminary development concepts may include: • Multifamily or mixed-use development, potentially accommodating approximately 18–27 units, subject to zoning, density allowances, planning review, and required approvals • Potential subdivision concept featuring up to six single-family residences plus a four-unit condominium building • A single multifamily building with the potential for up to approximately 27 apartment units • Building heights potentially allowed up to approximately 50 feet, subject to applicable zoning standards and county approval The property may appeal to developers, builders, and investors looking for an infill development opportunity near established employment centers, shopping, transportation, and surrounding East Bay communities. According to ESRI demographic data, approximately 59% of households within a five-mile radius consist of one- or two-person households, which may support demand for apartments, smaller residential units, and downsizing options. Buyer and buyer’s representatives are advised to independently verify zoning, allowable density, permitted uses, building height, subdivision potential, utility availability, development standards, and all other information with Contra Costa County and the appropriate agencies.
41149632
MLS
125 Aspen Dr, Pacheco