Eucalyptus Ave, Patterson, CA 95363

20 Acres of Residential Land in Patterson, CA 95363

Property Type
Land
Square Feet
871,200 SF

Listing Contacts

David Polatnick

Property Overview

Lot 52 (20 acres, zoned Low Density Residential) at the corner of Eucalyptus and Sycamore is one of 5 sites available with a total of +/- 83.2 acres of approved land, ready for tentative and final maps. The parcels are located in a 692-acre master plan development called the Villages of Patterson ("VOP"). The lots are zoned either high, medium, or low density residential with a total minimum of 502 lots and a maximum of 797 lots.
- 6.5 million SF of commercial property has been built between 2011-2018. This represents approximately 4,300 new jobs.
- Patterson has enjoyed many new retail services including, Walmart, CVS, and Walgreens, as well as new restaurants, coffee shops, hotels, and banks.
- According to Redfin, Patterson's average home sales price increased +32% in the last 12 months. The sales activity has increased over 60%. Most homes receive multiple offers, often with waived contingencies, and sell within 5 - 8 days.
- The recent absorption rate for new home construction is approximately 15 - 17 units per month.te

Property Details

Property Subtype
Residential/Multifamily

All available spaces

Space
Lot 1
Size
871,200 SF

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