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7235 Watt Ave 5 Acres of Commercial Land Offered at $2,582,452 CAD in North Highlands, CA 95660

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EXECUTIVE SUMMARY

This Property Was Rezoned Effective September 19, 2024. See MLS Dashboard For External Attached Documents (Attached Docs). Regarding Subzone: Believe Relatively Recent Rezone Changed Residential Mixed Use 1 (RMU-1) To Modified Minimum Density Of MULTIPLE FAMILY RESIDENTIAL 40 (RD-40). See Sacramento County Ordinance SZC 2024-0073. Believe 4.62 Net Acres. Given Existing Zoning There Is A Belief That There Is A Realistic Potential To Develop Approximately (185) One Hundred Eighty Five, 'Or More', Multi Family Units. i.e. Apartment Units, Or Townhouses, Or Condominiums. The Math: 4.62 Acres x 40 Units Per Acre = 185 +/-. Public Information Indicates CDBG 2024 Census Tract 74.35. General Plan Indicates High Density Residential (HDR). Developers And Investors See Dashboard Then Click On To Attached External Documents (Attached Docs). Notice RD-40! Priced Right. Should The County Approve 185 Multi-Family Units The Pricing Would Be Merely $10,000 Per Paper (Per Conceptual) Door. Contact Sacramento County Planning Department For Details. Also Contact Sacramento County To Confirm The Accuracy Of Those Remarks, Comments, Set Forth Above.

PROPERTY FACTS

Price $2,582,452 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 5.00 AC

1 LOT AVAILABLE

Lot

Price $2,582,452 CAD
Price Per AC $516,490.41 CAD
Lot Size 5.00 AC
  • Listing ID: 36741248

  • Date on Market: 2025-07-15

  • Last Updated:

  • Address: 7235 Watt Ave, North Highlands, CA 95660

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