2960 Hilltop Mall Road

2960 Hilltop Mall Road

Pending

Richmond, CA 94806

$3,988,000 Marketing Sheet

CM-5 Commercial Mixed-Use, Activity Center - This 2.25 acre lot is zoned CM-5 by the City of Richmond. This is a flexible land use and will allow for a variety of possible uses for the Buyer.

This district is intended for mid and high-rise mixed-use development at major activity centers to serve the community and residents and businesses in the San Francisco Bay Area. Office, Retail, Entertainment, and Residential uses ARE ALLOWED. -- Standards for physical form will create an urban character as envisioned in the General Plan with streets with minimal setbacks, wide sidewalks and public spaces that cater to pedestrians and transit riders.

Here are some options that may be available with CM-5 Designation:

[1] Multi-Unit Dwelling
[2] Senior Group Residential & Residential Care Facility
[3] Finance, Insurance, and Real Estate Services
[4] Commercial Auto, Bank, Business Services, Catering
[5] Food & Beverage: Convenience, General Market, Liquor Store
[6] Office, Medical/Dental, Walk-In Clientele
[7] Personal Services, Health & Fitness
[8] Retail Sales; Large & Small Scale
[9] Cultural Facility, Place of Worship

**Note: Some of the above designations are permitted, and some are permitted after review and approval of a conditional use permit by the Planning Commission.

Cap Rate: NOI: Livable Sq. Ft: 8,777

Built in 1985 Land units Lot Sq. Ft: 97,792

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