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1015 Olive Dr
0.87 Acres of Commercial Land in Davis, CA 95616
Investment Highlights
- Rare development opportunity in an A+ location at the gateway entrance to Downtown Davis
- Property to be delivered 100% vacant
- Highly visible parcel at the corner of Richards Boulevard and Olive Drive
- Less than a 10 minute walk to the UC Davis campus
- Located in Opportunity Zone Census Tract 106.02
Executive Summary
Cushman & Wakefield is offering for sale this ±0.87 acre parcel, uniquely located with excellent visibility. The site, family-owned and occupied for more than 40 years, offers a rare development opportunity. Located contiguous to a 1.09 acre City owned excess land parcel, the site presents an opportunity to collaborate with the City of Davis to create a landmark project. The City's site, cleared of the Surplus Lands Act in 2023, is zoned High Density Mixed Use.
Property Facts Under Contract
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.87 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.87 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Lot Size | 0.87 AC |
| Lot Size | 0.87 AC |
Description
********CALL FOR OFFERS - OCTOBER 22, 2024******** Cushman & Wakefield is offering for sale this ±0.87 acre parcel, uniquely located with excellent visibility. The site, family-owned and occupied for more than 40 years, offers a rare development opportunity. Located contiguous to a 1.09 acre City owned excess land parcel, the site presents an opportunity to collaborate with the City of Davis to create a landmark project. The City's site, cleared of the Surplus Lands Act in 2023, is zoned High Density Mixed Use.
PROPERTY TAXES
| Parcel Number | 070-260-002-000 | Improvements Assessment | £363,797 |
| Land Assessment | £371,149 | Total Assessment | £734,947 |
PROPERTY TAXES
zoning
| Zoning Code | P-D |
| P-D |
Presented by
1015 Olive Dr
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