Politics & Government

Walnut Creek Corporate Yard Up For Sale

City has put property near Interstate 680 on the market for sale or lease

Wanna buy a 6-acre parcel of land close to a freeway?

The city of Walnut Creek will sell it to you.

City officials have put their corporate yard on Lawrence Way up for sale or lease.

Ron Gerber, the city's economic development manager, said the property was put on the market last week. No asking price has been named because the brokers want to see how the market will respond.

The property is two parcels of land. The 4.2 acre site houses the city's public works yard. The 1.8 parcel has a recycling center and other facilities on it.

A city brochure touts the property as being accessible to Interstate 680 as well as visible to 280,000 cars that pass by every day. They add the site is flat, making it easily developable.

The land is zoned as an auto sales and services district. It has a height limit on buildings of 35 feet.

In August, the City Council gave city staff the go-ahead to sell or lease the land. It was estimated the land could be sold for as much as $18 million. A lease could bring in $1 million a year, according to a story in the San Jose Mercury News.

If a transaction is approved, the city would move its maintenance operations to another part of town.


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