$1,575,000
For Sale

2173 Morrill Road

Modesto, CA 95357
1.65 acres | #ML81989029
Listing OfficeKW Bay Area Estates
Browse 7 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Prime Development Opportunity in Riverbank, CA High-Density Residential Property This 1.65-acre parcel (APN# 074-006-024-000), zoned for High-Density Residential use, offers incredible potential for developing 30+/- residential units in the rapidly growing Crossroads West Specific Plan, Riverbanks Newest Master Planned Community. An adjacent 2.88 Acres is available for a broader expansion. Please refer to Crexi Listing. Strategically positioned for a high density development with a vibrant pedestrian corridor. In close proximity to shopping centers, restaurants, and a planned 1,400-home development. This property includes a custom 3-bedroom, 3-bath, 2,100 sqft home, a 1,200 sqft shop, and a barn, providing the option for buy and hold with rental income. Alternatively, the owner will accommodate an entitlement period for future development. This is a unique opportunity to secure a prime piece of land in one of Riverbanks most promising growth areas and capitalize on the city's rapid expansion. Buyer to conduct their own due diligence with the City of Riverbank on development specifics.

  • Property Details
      • Lot DescriptionHorseProperty
      • CountyStanislaus
      • Original List Price$1,575,000
      • MLS #ML81989029
      • MLS #ML81989029
      • Property TypePurchase
      • Cost1575000
      • School DistrictOther
      • Acres1.65
      • Property SubtypeLand

Location

Alex HooksReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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