Mixed Commercial and Residential Property ready for Development

S Lammers Rd, Tracy, CA 0

$1 After Repair Value -
$1 Asking Price -
$0 Cost of Repairs =
$0 Potential Profit

Property Details

Asking Price $1

After Repair Value $1

Costs of Repairs $0

Potential Profit $0

Living Area 4,138,000 ft2

Property Type Multiple / Combo

Bedrooms 0

Bathrooms 0

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Westside Ranch is a 95 Acre, State, County Local Municipality Sponsored high density mixed use project which, when completed will consist of campus type mixed commercial residential complex, medical offices, retail and restaurants, mixed commercial residential establishments, dependent and independent living with senior recreation centers and residential neighborhoods.
Located next to the 205 and the 580 Freeways, and half way between the bay area high tech and central valley food production, this strategic area has been eyed to resolve the stalled eastern path of development due to the high cost housing further west in Livermore and Dublin. This business park is close enough to service the bay area, Sacramento and Stockton.
Westside Ranch is a 95k plus community, couched in a 400k plus person trade area, with an average annual household income of $92k and an average age of 32 and still have a significant discretionary income. This is indicative of a large dual income, no kid family base typical of a large labor pool community. Tracy continues to occupy a central role in job growth with less than 10% unemployment rate and 10% population growth.
Mountain House/Lennar 20k home development is located one mile from the project. Over two million square feet of retail development have been constructed in Tracy during the past 5 years , yet retail vacancy remains less than 5%.

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