$5,400,000
Active
24 Days Online
0 Beds0 Baths0 SQFT
Active

7400 Shasta Avenue Elk Grove, CA 95758

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8.82-acre parcel of land that presents an exceptional opportunity for both residential and commercial development. Situated strategically between Sacramento and Elk Grove, this property is zoned for Residential and Residential Acreage, providing flexibility for a range of projects. Permit for 216 apartments by Sacramento City. Some key highlights of the property include: -Ideal for townhomes, apartment complexes, single family dwelling -Opposite the property is Cosumnes River College, a significant institution that could potentially complement certain types of developments. -The area boasts a population of 52, 000 households with a median income of $84, 827, indicating a strong market demand for various types of properties. -Easy access to major freeways, Sacramento International Airport, rail lines, and two ports, making it a hub for seamless connectivity. -There is no CEQA requirement as it is an infill parcel, streamlining the development process. 2 lots - 2 apn - selling together - 8.82 acres - price $8, 000, 000 2.84 acre - $2, 560, 000.00 APN/Parcel ID 117-0202-041 5.98 acre $5, 440, 000.00; APN/Parcel ID 117-0202-042

  • Property TypeLand
  • NeighborhoodN/A
  • CountySacramento
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site24 Days
  • MLS StatusActive
  • MLS ID Number224055000
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size5.98 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 0
  • Sewer Public Sewer
  • Acreage 5.98
  • Water Public
  • Zoning permit for 216 apartments
  • Cross Street Bruceville
  • Property Sub Type Residential Land
  • Utilities Other

Exterior Features

  • Lot CornerSidewalk(s)Street Light(s)
  • Road Frontage City Street

Community Features

  • Association Dues 0
  • MLS Area 10758

Schools

School District
Sacramento Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$28,596
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