For Sale: 1% of Richmond-$55,000,000

Blog by Arnold Shuchat | February 12th, 2013

A large rectangular parcel of land comprised of 10 legal titles totaling 324.5 acres with 800 feet of waterfront is now listed for sale. Seems like a steal at $169,491/acre.  The trouble is, the land is in the Agricultural Land Reserve and therefore the development options are quite limited. Development applications have a checkered past here and the property will quite likely be a long term hold for the buyer.  You can check out the lots for going to the Richmond GIS system and plugging in 10400. 10500, & 10640 Steveston Hwy, as well as 12051, 12311 Shell Rd., & 13200 No 4 Rd, and 10631 and 10871 Dyke Rd.