It is arguably the hottest small parcel zoned neighborhood commercial as well as for other uses that’s available in Manteca — five acres at the corner of Pillsbury Road and Woodward Avenue.
Within a mile of the location there are more than 2,000 housing units with another 500 homes in various stages of development including two new Atherton Homes neighborhoods breaking ground this year that are literally in walking distance.
The average price of nearby new homes being built is $400,000 while existing homes are rebounding strongly on their return to the pre-recession levels that peaked at $690,000.
It is a quarter of a mile from Woodward Park that is often teeming year round on weekends with soccer tournament play.
And there are no existing convenience stores or other commercial establishments for that matter south of the 120 Bypass save for The Promenade Shops at Orchard Valley.
Add the fact Woodward Avenue is a major four-lane road between Main Street and Moffat Boulevard serving the fastest growing segment of the community — southeast Manteca — and the potential for successful commercial use is strong
The parcel listed for $1,725,000 also includes a 1,603-square-foot ranch-style home with its own septic system and domestic well.
The property is listed with Jessie Barrett of PMZ Real Estate. She can be contacted by calling 209.815.0928.
She noted there could even be the potential to convert part or the entire parcel to more housing.