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Alejo Zone Change & Tract Map,
- StatusPast Projects
About This Property
Currently entitling a 2.3-acre parcel of industrial zoned land, obtaining a zone change to low density residential and seeking approval of an 8 home tract map.
The Firm Capital Group negotiated for a one year escrow to close at a price of $875,000. Using this time period, we obtained the sought-after zone change and completed Ceqa and post entitlement land value is $3,500,000.00 with the possibility of a joint venture with a builder or build to suit for increased return of potential profits at $750,000 per lot for a total of $6,000,000.00