Mahoney & Associates is honored to represent the University of California Regents in the offering of a rare "Business Park" development opportunity in the Monterey Bay Area. The "West Campus" property is comprised of 3 lots (031-111-041, 031-111-042, 031-111-043) totaling approximately 49.63 acres, is irregular in shape, has 79 acre feet of water, and zoned Business Park. The suggested asking price is $4,200,000 and there is no minimum bid amount. Sealed Bid Sale Information: Bid Deadline: 5:00PM July 17, 2018 Bid Deposit: Shall be submitted with bid. Bid Opening: 10:00AM July 18, 2018 Due Diligence Period: July 18,2018 - 5:00PM September 7, 2018 Close of Escrow: On or before September 19, 2018 Upon signing and submitting a bidder registration form, prospective bidders will be granted access to the full Bid Package. The addition of any condition or contingency to the bid form will invalidate your bid. Only all cash bids will be considered for the property.
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Listing Courtesy ofBaird Partnership, Inc.