$2,560,000
Pending

Shasta Avenue

Elk Grove, CA 95758
Browse 15 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

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 Details
      • Lot DescriptionCorner, Shape Regular
    • Measurements
      • Acres2.84
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
      • Utility FeaturesPublic
  • Community and Neighborhood Details
      • ZoningResidential, Multi-Residential
      • CountySacramento
  • Other
      • MLS #224055073

Location

Debra DurbinReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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