Under Contract
FOR SALE: Infill Residential Development Opportunity in East Bay Area
3000-3050 Citrus Circle, Walnut Creek, CA, 94598
Opportunity to acquire 3.5 acres with plans for 46 townhomes in the city of Walnut Creek, one of the most in-demand residential markets in the Bay Area. Property is ideally situated one block from the Ygnacio Valley Rd. and Oak Grove Rd. and currently has two professional office buildings with short-term leases.
- Strong housing demand with home prices at an all-time high
- Rental income from office buildings in place to offset carrying costs
- Plans for 46 townhomes with 3 bedrooms, 2.5 baths, and private garages
- Ideal location for future residents with Whole Foods, Safeway, and Nob Hill Foods in walking distance
- Close to downtown, BART, I-680 and Hwy 24
Opportunity to acquire 3.5 acres with plans for 46 townhomes in the city of Walnut Creek, one of the most in-demand residential markets in the Bay Area. Property is ideally situated one block from the Ygnacio Valley Rd. and Oak Grove Rd. and currently has two professional office buildings with short-term leases.
- Strong housing demand with home prices at an all-time high
- Rental income from office buildings in place to offset carrying costs
- Plans for 46 townhomes with 3 bedrooms, 2.5 baths, and private garages
- Ideal location for future residents with Whole Foods, Safeway, and Nob Hill Foods in walking distance
- Close to downtown, BART, I-680 and Hwy 24
| Address: | 3000-3050 Citrus Circle |
| City: | Walnut Creek |
| State: | CA |
| Zip Code: | 94598 |