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5240 Rio Linda Blvd 1.38 Acres of Residential Land Offered at $1,038,375 CAD in Sacramento, CA 95838
INVESTMENT HIGHLIGHTS
- Opportunity Zone
- Located in a high-density single-family neighborhood
- Completed Plans for 43 units with conditions of approval
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present Robla Apartments, a 1.38-acre parcel of undeveloped land in North Sacramento, offered with approved plans for the construction of 43 multifamily units. Strategically positioned off two major thoroughfares (Rio Linda Boulevard and Marysville Boulevard), this site provides a compelling opportunity to acquire an Opportunity Zone site located in a supply-constrained market predominantly characterized by single-family residential neighborhoods.
Situated directly across from Robla Elementary School and just minutes from Rio Linda High School, the project is ideally located to meet the growing demand for multifamily housing among local families. With conditions of approval already in place, this development offers investors a viable solution to deliver much-needed residential inventory to a community experiencing limited rental supply.
Situated directly across from Robla Elementary School and just minutes from Rio Linda High School, the project is ideally located to meet the growing demand for multifamily housing among local families. With conditions of approval already in place, this development offers investors a viable solution to deliver much-needed residential inventory to a community experiencing limited rental supply.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,038,375 CAD | Lot Size | 1.38 AC |
| Price Per AC | $752,445.67 CAD |
| Price | $1,038,375 CAD |
| Price Per AC | $752,445.67 CAD |
| Lot Size | 1.38 AC |
1 1
PROPERTY TAXES
| Parcel Number | 226-0062-013 | Improvements Assessment | $0 CAD |
| Land Assessment | $416,275 CAD | Total Assessment | $416,275 CAD |
PROPERTY TAXES
Parcel Number
226-0062-013
Land Assessment
$416,275 CAD
Improvements Assessment
$0 CAD
Total Assessment
$416,275 CAD
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5240 Rio Linda Blvd
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