Karen Shin

$360,000

0 Acres

Placentia, California, 92870

*** Commercial Lot for Sale! *** Approximately 10,454 sqft lot in the Northgate Shopping Center, located in the Prime Placentia Redevelopment Area (Chapman Corridor Redevelopment Area), a rapidly evolving region; ***** 1. According to the Planning Department, the final survey is scheduled for the end of 2024, with expected council approval by February 2025. 2. Rezoning: The current zoning (C1) will be changed to Residential & Commercial Mixed-Use, permitting the development of up to 65 condominium units. 3. Future Growth: Located in the Chapman Corridor Redevelopment Area, this site is positioned for substantial future growth and increased value. 4. According to the City of Placentia, they do not want there to be an independent development on our lot at this time. ***** Don’t miss out on this unique chance to secure a prime commercial location in a rapidly evolving area with endless possibilities!