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1197 Benicia Rd

50,000 SF Health Care Building Offered at £637,760 in Vallejo, CA 94591

Investment Highlights

  • Best Multifamily Land in all of Solano County. Great traffic area with tremendous upside.

Executive Summary

Must sell due to health reasons. Raw land ready for multi-family (~20 units) or healthcare (~60 units) development. Please contact broker with any offer. ~1.93 AC. Recent comps @ $20.04/SF. Development package available. Will build-to-suit for healthcare provider with long-term lease with first right of refusal. This is five (5) contiguous parcels and more land may be available to purchase.

Property Facts

Price £637,760
Price Per Bed £8,618
Sale Type Investment
Sale Conditions
Distress Sale
  • 1031 Exchange
  • Design & Build
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Rehabilitation Centre
Building Class B
Lot Size 1.93 AC
Construction Status Proposed
Building Size 50,000 SF
No. Beds 74
Number of Floors 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0074-080-220
  • 0074-080-210
  • 0074-080-230
  • 0074-080-250
  • 0074-080-240
Land Assessment
£135,290
Improvements Assessment
£0
Total Assessment
£135,290

zoning

Zoning Code RTC-MF (Most of the parcel is zoned RTC-MF. This allows a nursing home/rest home with a Minor Use Permit. See document, "Site Plan" for Solano County's vision)
RTC-MF (Most of the parcel is zoned RTC-MF. This allows a nursing home/rest home with a Minor Use Permit. See document, "Site Plan" for Solano County's vision)
  • Listing ID: 29919747

  • Date on Market: 30/10/2023

  • Last Updated:

  • Address: 1197 Benicia Rd, Vallejo, CA 94591

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