Fantastic opportunity to own a four unit commercial building. Long term tenants in one unit and the rest are ready for new tenants.
Piedmont Oak Estates is a stunning approved land development for up to 95 residential single family home lots and two commercial lots for an amazing price with huge upside potential! Very rare development opportunity on this almost 26 acre's of vacant land. Ideally located near Highway 50 and off Highway 49 in El Dorado County, California between South Lake Tahoe & Sacramento. Below the snow of the Sierra Nevada mountain range and above the Sacramento Valley fog, this is an excellent location for commercial property frontage off highway 49 as well as a new gated single family home community.
Seller financing available with min 50% down! Piedmont Oak Estates is an approved land development allowing for as many as 95 detached residential single family home lots and 2 commercial lots. The property is located 3 miles south of Placerville on Highway 49, one mile north of Diamond Springs in El Dorado County, CA. This location is ideally between Sacramento and Lake Tahoe. The current approval is for the first phase only and includes 75 single family residential units (55 smaller lots and 20 larger lots) and one commercial site (for 20,000 square feet of commercial). 20 more additional residential lots and one more commercial lot is planned be part of the phase two approval within a year approx. This is a rare opportunity to develop in a prime location with rapidly increasing value. Plans and development cost estimate available upon request. The total property offering consists of four parcels: 051-550-040-000, 051-550-048-000, 051-550-051-000, 051-550-058-000. The exact address has not been assigned yet but 4001 Diamond Road provides reference to map location.
RM, Multi-unit Residential Zone with an expired use permit Senior Housing, requiring resubmit. Zoned (RM) Multi-unit Residential within a Design Review Combining Zone (-DC). A new multi-family project would require the Design Review, Major application. Grading and utilities completed, along with Fire Department approval for fire flow
Prime 2.38 acre commercial corner with high visibility on State Hwy 49, in the heart of Diamond Springs. New developments are proposed and coming to the area. High traffic count with unlimited possibilities!!!Water meter is in and paid for. Don't let this highly sought after location pass you by!!! The same sellers have two more commercial lots that are 1.75 & 5.64 Acres or 7.39 Acres.
Two prime commercial lots, totaling 7.39 acres. High visibility on State Hwy 49, in the heart of Diamond Springs. New developments are approved and coming to the area. High traffic count with unlimited possibilities!!! Don't let this highly sought after location pass you by. The same sellers also have a 2.38 acre lot in the corner of Hwy 49 and Main St.
The median home value in Diamond Springs, CA is $342,700. This is lower than the county median home value of $468,300. The national median home value is $219,700. The average price of homes sold in Diamond Springs, CA is $342,700. Approximately 71.63% of Diamond Springs homes are owned, compared to 23.36% rented, while 5.01% are vacant. Diamond Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Diamond Springs real estate agent to arrange a tour today!
Diamond Springs, California 95619 has a population of 11,717. Diamond Springs 95619 is less family-centric than the surrounding county with 21.71% of the households containing married families with children. The county average for households married with children is 30.63%.
The median household income in Diamond Springs, California 95619 is $52,210. The median household income for the surrounding county is $74,885 compared to the national median of $57,652. The median age of people living in Diamond Springs 95619 is 50.4 years.
The average high temperature in July is 93.3 degrees, with an average low temperature in January of 35.4 degrees. The average rainfall is approximately 40.4 inches per year, with 0 inches of snow per year.