1083 Acres Zoned Multi-Use Solano County, CA $25,000,000
Location: The property is located 1.5 miles east of the city limits of Fairfield, Ca and has approximately 1.5 miles of Highway 12 frontage. In addition, the property is less than 2 miles from the Walmart Supercenter and Fairfield residential areas.
This property is an excellent opportunity to purchase a large tract of land located in the North Bay Area with multiple uses. Centrally located from Highway 80 and within an hour from San Francisco or Sacramento. With the Bay Area’s high expenses for land and homes most companies have maxed out building areas and are moving back and acquiring larger sites for future expansions and areas where housing is reasonable. The City of Suisun is open for annexation into city limits and is very pro-growth.
Legal: The property is made up of 1,083 gross acres in 6 legal parcels 294 acres, 159 acres, 159 acres, 80 acres, 80 acres, and 318 acres. The property is in the Williamson Act, but the current owner has filed a non renewal for the benefit of potential future development. Travis AFB commission has been consulted and ok with zonings. Foothill and Associates examined property and found no real environmental concerns (less than 1 acre and would qualify for waiver permit)
Solano County Assessor Parcel Numbers:
174-190-011, 174-200-004, 174-200-005, 174-200-006, 174-200-002, 174-190-016
Zoning: Multi-use zoning preferably industrial and almost 90 acres of residential with high density up to 10 units/ac (900-1,00 lots minimum).
Details: The property currently has one new deep well that will produce 700 to 800 gallons per minute. There is additional ground water in the area that could be developed. Subject property is entirely located within Zone “X”, areas of minimal flooding. Property has 1.5-2.0 miles of Highway 12 frontage and access roads throughout.
Nearby Solano Business Park almost sold out and land is going for $8.50 square foot. Close by, Panattoni is currently building on the last large tract available. Seeno Homes is completing a subdivision close by as well.
Plantings: The property is currently planted to Rye grass and has been historically farmed to a variety of other dry farmed crops.
Soils: This property has the following soil types: Antioch-San Ysidro complex, 0 to 2 percent slopes, San Ysidro sandy loam, 0 to 2 percent slopes, Solano loam, Capay silty clay loam, Pescadero clay loam, and Solano-Pescadero complex. Soil testing on the ranch by a local PCA have shown favored results. The top 3 feet of soil consist of loam and the lower soils show a clay loam which will hold irrigation water. (See Soil Report Here) (See Soil Analysis Here).
Water: Ample water: The property currently has one new deep well that will produce 700 to 800 gallons per minute. There is additional ground water in the area that could be developed.
PRICE: $25,000,000 - $23,084 PER ACRE or $.53 square/foot
Seller prefers to cash out but is open to option contract with terms and conditions that are acceptable