High Density Mixed Use Development Sites 2 Biens fonciers Vente aux enchères en ligne Petaluma, CA

JLL invites qualified investors and developers to discover a truly unique opportunity to acquire two-level parcels within an existing mixed-use development in Petaluma, California. Placed just steps apart, the two-lot portfolio allows for significant operational efficiencies for the development of new mixed-use residential, office, or retail space.

The first site spans 0.59 acres with frontage to both Caulfield Lane and Hopper Street, and the second site provides a total of 1.1 acres directly off the traffic circle and walkable pavilion that defines the center of the development. Zoned T-5 and T-6, the two highest-density designations, the lots allow for the creation of a wide variety of new mixed-use projects with larger blocks and wide sidewalks. Projects at either lot will benefit from robust daily brand exposure to the 101 Freeway, with more than 107,000 passing daily vehicles.

Positioned within the Caulfield Lane development, new projects at the subject lots will find themselves neighboring a variety of new or planned supporting projects. The area is set to be the home of a new senior living development with 40 acres of planned parks and trails, a 122-room Marriott Courtyard hotel, a townhome community with 44 units, and a quality residential community comprising 134 single-family homes that are already 95% sold out. A planned drawbridge crossing the Petaluma River will connect the development to Petaluma Boulevard and Downtown, which will draw heavy traffic as east and south neighborhood residents seek the more convenient crossing point.

Sitting within 10 minutes of the city’s largest employers, including Petaluma Valley Hospital, LabCon & Helena Plastics, and Lagunitas Brewing Company, there is rich potential for a new multifamily development catering to the area’s large commuter population. The surrounding 10 miles is home to more than 186,000 residents and a workforce of over 80,000, with more than 39% currently renting their homes. This growing population delivered consumer spending of more than $514 million on household segments during 2024.

Placed along the riverfront in East Petaluma, the land situates developments near many of Petaluma’s top opportunities for shopping and dining. The lots are within 10 minutes of household name retail locations, including Target, Planet Fitness, Harbor Freight Tools, Trader Joe’s, Sprouts Farmers Market, Petco, Starbucks, Panda Express, Five Guys, Chipotle, and more. The same area is also home to the Petaluma Village Premium Outlets, offering 60+ upscale retail outlet locations. The development is within a short drive of top recreation, including the Petaluma Marina, Lucchesi Park, the Petaluma Fairgrounds Speedway, and exceptional golfing at the Petaluma Golf Course and Rooster Run Golf Club.

Help shape the future of this luminous North Bay destination with the acquisition of these two high-density development sites on Caulfield Lane and Hopper Street. Please visit the data room and contact the JLL team to learn more about this incredible opportunity.