Tracy Hills Specific Plan - LoopNet...South Corral Hollow Rd Ellis in Tracy 300 Residential units...

PMZCommercial.comDAVID QUIÑONEZCalBRE Lic. No. 01853323(209) 614-5653 | [email protected]

JOSH BOWERCalBRE Lic. No. 01905264(209) 988-8428 | [email protected]

For additional information please contact us:

Freeway Oriented Retail Land Next to Major Development $2,439,000 ($5.60/SF)

PMZCommercial.com

Tracy BlvdSouth Tracy Blvd

City of Tracy

SITESITE

Tracy Hills Specific Plan



(Phase 1)

South Corral Hollow Rd

Ellis in Tracy 300 Residential

units (ground already broken)

Tracy Hills Specific Plan Borders on aerials are hand drawn. Borders are a visual approximation and do not accurately reflect the exact borders.




ABOUT THE PROPERTY

PROPERTY INFORMATION: The subject property is a ±10 acres located in the South East quadrant of Interstate 580 andSouth Corral Hollow Rd. in Tracy, CA (San Joaquin County). This site is located within the Tracy Hills Specific Plan which is where the next phase of growth is planned for the City of Tracy.

The first phase of the Tracy Hills project is slated to be approved this year. Such project will be a mix of commercial and 1,160 residential units. In addition to this, Ellis in Tracy just east of the site has already broken ground on 300 new residential units.

The site is just south of the Tracy Hills development project (across S. Corral Hollow). The property is relatively flat land with some degree of grading. South Corral Hollow Rd. is a main access point to interstate 580 to the Bay Area/San Francisco as well as a connector to Livermore, Pleasanton and San Jose, CA.

PROPERTY DETAILS:Offering price: $2,439,000 ($5.60 PSF/$243,936 per acre)Parcel size: Approx. 10 acresLand area: 435,600 square feetOwnership: Fee SimpleAPN (San Joaquin County): 253-100-15Terms: Cash, conventional, otherZoning: General Highway Commercial (GHC)Electricity/Gas: Pacific Gas & Electric (PG&E)Water: City of TracySewer: City of TracyStorm drain: City of Tracy

PROPERTY HIGHLIGHTS:• Located in Tracy’s targeted growth area.• Easily accessible to interstate 580 which connects Tracy to the San Francisco/BayArea.• Corral Hollow road connects Tracy to Livermore wine country and San Jose, CA• Located just south of major commercial and residential development




CITY OF TRACY

The Tracy Hills Specific Plan area encompasses approximately 2,731.6 acres within the southern portion of the City of Tracy surrounding the existing interchange at Corral Hollow Road and the proposed Lammers Road interchange on Interstate 580 (I-580).

The northern portion of the Specific Plan between the Delta-Mendota Canal and the California Aqueduct is zoned for medium density residential and light industrial uses. The central portion of the Specific Plan, south of the California Aqueduct and north of I-580, is planned predominately for single-family homes, open space conservation easements, mixed use business park,and commercial retail areas. These uses will provide employment opportunities and daily needs and services for residents. Multi-use trails will connect residential neighborhoods, integrated with public park amenities that are within walking distance. Additionally, an elementary school site is planned to serve the neighborhood residents of this area.

The southern portion of the Specific Plan area, with rolling and steeper slopes on the southern side of I-580, will be primarily residential neighborhoods with parks and school sites. Consistent with the General Plan, 180 to 185 acres of open space, (originally shown as a golf course in the 1998 THSP), will be integrated into the low density residential areas. A mixed use business park area will be located southwest of the planned Lammers interchange and a commercial retail area will be located along the southeasterly project boundary at Corral Hollow Road. This area abuts approximately 3,500 acres of open space under a conservation easement.

INFORMATION COURTESY CITY OF TRACY

SUBJECT PROPERTY




Tracy BlvdSouth Tracy Blvd

City of Tracy

SITESITE




(Phase 1)

South Corral Hollow Rd

Ellis in Tracy 300 Residential

units (ground already broken)

CURRENT DEVELOPMENTS

ELLIS IN TRACY321 AC RESIDENTIAL DEVELOPMENT 300 UNITSGROUND ALREADY BROKEN

TRACY HILLS – PHASE 1 RESIDENTIAL/COMMERCIAL DEVELOPMENT 1160 UNITS APPROVED BY CITY OF TRACY

Tracy Hills Specific Plan Borders on aerials are hand drawn. Borders are a visual approximation and do not accurately reflect the exact borders.




PARCEL MAP (253-100-015)




DEMOGRAPHICS

2016 Estimate 3 miles 5 milesPopulation 17,622 68,274Median Age 33.8 34.7Average HH Size 3.6 3.4

2016 Estimate 3 Miles 5 milesAverage Household income $113,213 $101,170Median Household Income $98,275 $83,179Median Home Value $347,293 $330,340

Tracy Hills Specific Plan - LoopNet...South Corral Hollow Rd Ellis in Tracy 300 Residential units...

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