1761 Broadway St, Vallejo, CA, 94589-2226, US

Park Place Medical

Asset Description

Address

1761 North Broadway Street, Vallejo, CA 94589

APN

0052-160-100; 0052-172-170

Site Area

4 Acres

Opportunity Zone

...

Attributes

Land area net

4.00 acres (174,240 sf)

Media

Investment Highlights

Infill Bay Area Development Site

Vallejo offers easy access to the Bay Area economic hubs of San Francisco and Oakland, and is also easy driving distance to booming Sacramento.

Medical Hub

Two adjacent Medical office buildings and 2 blocks from Kaiser Hospital

Great Visibility

Prominent location on Broadway Street

Suburban Location Benefiting from Work From Home Paradigm

The North Bay region is the only Bay Area region to show positive growth throughout 2020, thanks to a flight to the suburbs. The new ability to work from home makes Vallejo, thanks to its proximity to San Francisco but available land, poised for development.

Flexible Zoning

July 2021 zoning update increased the range of uses and density allowed on the site: office and residential development with an FAR of 2.0 and 16 - 50 dwelling units/ acre are permitted uses.

Great Access to San Francisco

Highway 580 and the San Francisco Bay Ferry provide direct connections to the inner Bay Area and San Francisco.