Rare West Side Paso Robles Development Opportunity
3.48+/- Acres with Level Topography & Great Views
Zoned T-3N (Neighborhood Zoner) - 12 Units Per Acre
Located within a Federally Designated Opportunity Zone- This property offers investors and developers the ability to take advantage of exceptional tax incentives. Opportunity Zone investments can allow for the deferral and potential reduction of capital gains taxes, as well as the elimination of capital gains on new appreciation after a 10-year hold. This is a rare chance to combine strong market demand with substantial long-term tax benefits, making this parcel an ideal choice for your next residential or multi-family development project.
Rare West Side Paso Robles Development Opportunity
3.48+/- Acres with Level Topography & Great Views
Zoned T-3N (Neighborhood Zoner) - 12 Units Per Acre
Located within a Federally Designated Opportunity Zone- This property offers investors and developers the ability to take advantage of exceptional tax incentives. Opportunity Zone investments can allow for the deferral and potential reduction of capital gains taxes, as well as the elimination of capital gains on new appreciation after a 10-year hold. This is a rare chance to combine strong market demand with substantial long-term tax benefits, making this parcel an ideal choice for your next residential or multi-family development project.
Prime development opportunity on Paso Robles’ sought-after west side! This 3.48± acre parcel offers a highly desirable location with majority flat, usable terrain and a gentle elevation that captures sweeping views to the east. Zoned T3N (Neighborhood Zone), the property allows a generous density allowance for up to 12 units per acre, providing exceptional potential for residential or multi-family projects. Situated within an Opportunity Zone, this site allows developers to leverage substantial tax incentives while creating much-needed housing in one of the Central Coast's most desirable areas. With its rare combination of size, location, favorable zoning, and financial benefits, this is an outstanding chance for developers to create a signature project in a thriving & vibrant community.