2+ Acre parcels in East Bay places I like under $300K - 8 of them

[J. Martin]

Because land tends to be one of the more volatile asset classes, and has so much potential for increases in value when brought to its highest best use, I've always like the idea of snagging a decent size chunk of land on the cheap - especially if it's in a core market with employment, decent commute times, not an overabundance of buildable land, and some ability to see the value in it being developed in the future.

After a conversation with @Shiloe B. the other night, I decided to poke around. I was a little surprised to find that there were 8 lots in this particular area of the East Bay that I was searching (many more down by Hayward) that were more than 2 acres, and cost less than $300K. Several of them are adjacent to pretty dense sub-divisions, implying the potential for similar development. These are just on market. Not auctions. And unfortunately, I think the days of getting something like these in the 5-digits are over. But a couple near the developments look like interesting prospects to hold for the future...

https://www.redfin.com/city/17151/CA/San-Francisco/real-estate#!uipt=5&sf=1%2C2&max_price=300000&min_parcel_size=87120&v=8&sst=3&lat=37.905352421588525&long=-122.1850185822459&zoomLevel=11&market=sanfrancisco

I particularly like the one up near Hilltop..