Prime 1.6+ acre parcel for sale located on the highly visible northwest corner of Camino Seco and Old Spanish Trail. Zoned O-3, this versatile property presents significant development potential, particularly for multi-family housing, as it closely aligns with R-3 zoning requirements. The seller has completed substantial due diligence, including preliminary work with architects and engineers, indicating the potential for one or two multi-level buildings accommodating 48+ units. Alternatively, the site could be developed with multiple duplexes or even a commercial project, thanks to the flexible O-3 zoning. There is also the possibility of a lot split for separate developments. With its prime location and zoning versatility, this property offers an array of development opportunities.