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HomeMy WebLinkAboutPRESENTATION - 22-00072 - 1 parcel in Muir Glen DIV1 subdivisionTHE SAME 1 ACRE PARCEL OF LAND COULD FIT.. . SAKKARA PROPERTIES BARLEY FIELD ZONE: AGRICULTURE Taxable value: $647 x 11 acres Provides no housing HOME FOR 1 FAMILY ZONE: TRANS AGRICULTURE Taxable Value (average): $ 414,500 x 11 acres = $4,559,500 (with 50% homeowners exception: $2,279,750) Houses 11 families 4-PLEX FOR 4 FAMILIES ZONE: LOW DENSITY 15 APARTMENTS HOUSING 15 FAMILIES ZONE: MEDIUM DENSITY Taxable Value: $800,000 x 11 acres Taxable Value: $2,250,000 x 11 Acres = $24,750,000 Houses 165 Families m = $8,800,000 Houses 44 families 50 APARTMENTS HOUSING 50 FAMILIES ZONE: HIGH DENSITY Taxable value- $8,750,000 x 11 acres = $96,250,000 Houses 550 families It's the same land, but what is the best use of 11 acres close to the freeway and Walmart?