Land For Sale • 7.74 AC
Mahoney & Associates is pleased to present to market the opportunity to purchase a nearly entitled ±7.74-acre vacant land site for the development of 37 single family homes located along the frontage of 11 E. Laurel Dr. near Natividad Hospital in Salinas. This is a rare in-fill project within the City Limits. The seller is near completion of receiving fully entitled approvals from the City of Salinas to construct a subdivision consisting of 37 individual parcels with modular homes and the formation of an HOA to maintain the subdivision. Upon completion of the project the lots with homes will be sold off individually. The property is in an ideal location in Salinas offering strong exposure and access to multiple retail trade areas, local schools, the recently upgraded Salinas Regional Soccer Complex, and Natividad Hospital & Medical Center.
Nearly Entitled Plans |
Strong Need for Additional Housing Units |
Modular Homes Allow for Speed of Delivery and |
Strategic Location: Located near Natividad Hospital and within Salinas city limits |
Turnkey Project: Benefit from a project nearing full entitlement approvals |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Salinas (Coast Starlight - Amtrak) | 6 min | - | 2.6 mi |
Airport | Drive | Walk | Distance |
Monterey Regional | 24 min | - | 17.8 mi |