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604 W Chapman Ave - Commercial Land in Placentia
0.24 Acres of Commercial Land Offered at £274,596 in Placentia, CA 92870
Executive Summary
Approximately 10,454 sq ft lot located in the Northgate Shopping Center, within the Prime Placentia Redevelopment Area (Chapman Corridor Redevelopment Area), a rapidly evolving region.
Survey and Approval: The final survey is scheduled for the end of 2024, with expected council approval by Spring 2025, according to the Planning Department.
Rezoning: The current zoning (C1) will be changed to Commercial Corridor (CC), allowing for increased density and future development potential.
Future Growth: This site, located within the Chapman Corridor Redevelopment Area, is poised for substantial growth and increased value.
Don't miss this unique opportunity to secure a prime commercial location in a rapidly evolving area with endless possibilities!
Property Facts
| Price | £274,596 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.24 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | £274,596 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.24 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot 77
| Price | £274,596 | Lot Size | 0.24 AC |
| Price Per AC | £1,144,193 |
| Price | £274,596 |
| Price Per AC | £1,144,193 |
| Lot Size | 0.24 AC |
Commercial Lot for Sale! Located in the Northgate Shopping Center, within the Placentia Redevelopment Project Area (Chapman Corridor Redevelopment), in a rapidly evolving region.
Description
Commercial Lot for Sale! Approximately 10,454 sqft commercial lot in the Northgate Shopping Center, situated in the prime Placentia Redevelopment Area (Chapman Corridor Redevelopment Area), a rapidly evolving region. 1. According to the Planning Department, the final survey is scheduled for the end of 2024, with expected council approval by February 2025. 2. Rezoning: The current zoning (C1) will be changed to Residential & Commercial Mixed-Use, allowing for the development of up to 65 condominium units. 3. Future Growth: Located in the Chapman Corridor Redevelopment Area, this site is poised for substantial future growth and increased value. Don’t miss out on this unique opportunity to secure a prime commercial location in a rapidly evolving area with endless possibilities!
PROPERTY TAXES
| Parcel Number | 339-371-33 | Improvements Assessment | £0 |
| Land Assessment | £78,068 | Total Assessment | £78,068 |
PROPERTY TAXES
zoning
| Zoning Code | C1 (According to the city, the current zoning(C1) will be Re-zoned to Residential & Commercial Mixed-Use, allowing for the development of up to 65 condos.) |
| C1 (According to the city, the current zoning(C1) will be Re-zoned to Residential & Commercial Mixed-Use, allowing for the development of up to 65 condos.) |
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Karen Shin -
Coldwell Banker Best Realty
Presented by
604 W Chapman Ave - Commercial Land in Placentia
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