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Key Details
Sold Price $11,050,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision ,N/A
MLS Listing ID SR17092130
Sold Date 04/06/23
HOA Y/N No
Lot Size 34.530 Acres
Property Description
Opportunity for Indsutrial Developer-User/Investor or JV Partner. North Hills Industrial Park Project, approved & partially developed consisting of 17 lots. Existing TR 5147 Conditions of Approval & recorded Development Agreement. Improvement bonds are posted & the first 7 lots are rough-graded. Completion of improved access road and utilities pending. 1+acre lots are designed for support industry, small manufacturing or small business park uses. Lots can be assembled for large users. TTM 5906, replacing TR 5147, is approved and Improvement Plan revisions are pending to accomodate revised circulation connection to North Hills Parkway.Fill Dirt import underway. Construction to resume upon recordation of TR 5906 Final Map, estimated 2 months. $10M cash or $5M buy-in for JV. Original List Price, December 17, 2010, was $14,500,000. Sale does not include off-site utilities construction, common area improvements, paving or CCG & sidewalks.
Location
State CA
County Ventura
Area Nmp - North Moorpark
Zoning M-2 Medium Industrial
Interior
Fireplace No
Exterior
Community Features Rural
Utilities Available Other, Sewer Available, Water Available
View Y/N Yes
View City Lights
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5110021010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with John Newton • John W. Newton & Associates, Inc.
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