Great potential with this 24.42 Acre parcel. Has a tentative map on file with the county for 160 Units located close to Hwy 50 in Shingle Springs. Great area for Apartment housing or retirement housing. Property is zoned R2, Multi Res which permits Multi-family + R-1 uses. Property is adjacent to an industrial business park.
RARE INDUSTRIAL ZONED LAND IN ALL OF EL DORADO COUNTY and actually, rare industrial land available for this price in nearby counties as well. An over 2-acre parcel with local views and utilities at site. Fire hydrant nearby. Partial pad already in place depending on desired use. Close proximity to Highway 50. Large demand for industrial space in the area. Perfect site for self-storage facility, RV/vehicle storage yard, contractors yard or warehouse buildings. Possible to have on-site living quarters per current zoning. Seller could carry up to 60% loan balance at favorable rate and terms.