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9715 E Sedan Ave - 58.45+/- Acres Developable Ag Land

58.45 Acres of Agricultural Land Offered at $14,503,321 CAD in Manteca, CA 95337

Property Facts

Price $14,503,321 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 58.45 AC

1 Lot Available

Lot

Price $14,503,321 CAD
Price Per AC $248,132 CAD
Lot Size 58.45 AC

Description

58 acres of developable ag land located in the City of Manteca's planned area for growth. The City has identified the land as Low Density Residential with a density rate of 2-8 units per acre. Buyer to verify and pay for following required entitlements with the City: Annexation, SOI Amendment, Prezone, Tentative Subdivision Map, and CEQA tasks (IS/MND prepared by the City; applicant to pay all costs). This property is located near the proposed Hat Ranch community offered by Richland Communities (pending approval by the City). Manteca is experiencing tremendous growth. The City issued 523 single family home permits in 2019 and 649 permits in 2020. The City has over 9,000 housing units in the development pipeline as the demand for LDR housing continues to increase, thus making this land a desirable location for development. Buyer/agent to verify all information provided with the city/county/state.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
226-140-12
Land Assessment
$977,663 CAD
Improvements Assessment
$300,970 CAD
Total Assessment
$4,447,941 CAD

zoning

Zoning Code AG-40
AG-40
  • Listing ID: 22030691

  • Date on Market: 2021-01-21

  • Last Updated:

  • Address: 9715 E Sedan Ave, Manteca, CA 95337

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