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604 W. Chapman, Placentia, CA 92870

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For Sale

$350,000

Estimated Payment

$      /mo. †

APR for 30 years

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Explore this Property

*** Commercial Lot for Sale! *** Approximately 10,454 sqft lot in the Northgate Shopping Center, located in the Prime Placentia Redevelopment Area (Chapman Corridor Redevelopment Area), a rapidly evolving region; ***** 1. According to the Planning Department, the final survey is scheduled for the end of 2024, with expected council approval by February 2025. 2. Rezoning: The current zoning (C1) will be changed to Residential & Commercial Mixed-Use, permitting the development of up to 65 condominium units. 3. Future Growth: Located in the Chapman Corridor Redevelopment Area, this site is positioned for substantial future growth and increased value. 4. According to the City of Placentia, they do not want there to be an independent development on our lot at this time. ***** Don t miss out on this unique chance to secure a prime commercial location in a rapidly evolving area with endless possibilities!
MLS# PW24219271

Courtesy Of Coldwell Banker Best Realty

(714) 451-1700

Property Features

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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