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7701 Redwood Blvd

4 Acres of Commercial Land in Novato, CA 94945

Investment Highlights

  • Preapproved Hotel Use: The property has a master plan approval for a 47,000 square foot, 87-room hotel.
  • Flexible Seller: The seller is open to offers with quick closings and limited contingencies.
  • Diverse Potential Uses: Suitable for senior assisted living, childcare facilities, offices, medical offices, and work/live units.

Executive Summary

Motivated seller. Looking for quick cash offers.

Property Facts Under Contract

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Hospitality
  • Apartment Units
  • Health Club
  • Industrial Live or Work Unit
  • Medical
  • Restaurant
  • Schools
Total Lot Size 4.00 AC

1 Lot Available

Lot

Lot Size 4.00 AC

Roughly 1.5 usable acres. The lot has steep hills in front and rear with a regulated wetland on the southwest portion of the property. A PGE easement intersects the property.

Description

Hotel use is preapproved, Current ownership has a master plan approval for a 47k square foot 87 room hotel structure. Other potential uses include senior assisted living, childcare facility, offices, medical offices, and work/live units. The seller would entertain any offers with quick closings and limited contigencies.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 125-202-14
  • 125-202-13
Land Assessment
$2,331,533 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,331,533 CAD

zoning

Zoning Code BPO (The BPO zoning district is consistent with the Business and Professional Office land use designation of the General Plan.)
BPO (The BPO zoning district is consistent with the Business and Professional Office land use designation of the General Plan.)
  • Listing ID: 31073233

  • Date on Market: 2024-02-28

  • Last Updated:

  • Address: 7701 Redwood Blvd, Novato, CA 94945

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