8973 California 140
- ±14.97 Acres at the western gateway to Planada
- Dual Zoning: ±5 acres C-2 Commercial + ±10 acres R-2 Residential
- Highway Frontage: ±1,330 feet along State Route 140
- Corner Location: ±1,014 feet along Plainsburg Road
- Strong Visibility: Approximately 8,500 vehicles per day on Highway 140
- Multiple Development Opportunities: Commercial, retail, QSR, fuel/service, residential and more
- By-Right Commercial Uses: Develop the C-2 portion without a rezone or General Plan amendment
- Divisible Land: Potential to separate and sell the commercial and residential portions to different buyers
- Existing Income: Two tenants generate approximately $43,800 annually
- Planned Caltrans Improvement: Roundabout programmed at Highway 140 & Plainsburg Road
- Growth Opportunity: Positioned along the Merced-to-Yosemite corridor in an area targeted for additional residential growth
Property Description
SVN | Capital West Partners is pleased to present 8973 E Highway 140, a ±14.97-acre development and investment opportunity strategically located at the western gateway to Planada. The property features approximately 1,330 feet of frontage along State Route 140 and 1,014 feet along Plainsburg Road, with exposure to approximately 8,500 vehicles per day. The site offers a unique combination of approximately five acres of C-2 General Commercial zoning along the highway and approximately ten acres of R-2 Residential zoning across the balance of the property, creating multiple development and exit strategies. The commercial frontage can accommodate a variety of uses, including retail, restaurants, fuel/service stations, car washes, and vehicle/RV sales, while the residential acreage offers potential for future housing development. Two existing tenants currently generate approximately $43,800 in annual income, providing holding income while an investor or developer evaluates future plans. The property is also positioned at the Highway 140 and Plainsburg Road intersection, where a Caltrans roundabout improvement is planned.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $2,495,000 |
| Lot Size: | 14.97 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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