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7400 Shasta Ave - Prime Location, One Of The Only Left In Sac 2.84 Acres of Commercial Land Offered at $3,188,816 CAD in Elk Grove, CA 95758
Investment Highlights
- Zoned for both Residential and Residential Acreage.
- 8.82-acre parcel presents an exceptional opportunity for residential and commercial development.
- Situated on the border of Sacramento and Elk Grove
- Second-largest city in the Sacramento region
Executive Summary
Situated on the border of Sacramento and Elk Grove. 8.82-acre parcel presents an exceptional opportunity for residential and commercial development. Ideal for nursing homes, apartment complexes, townhomes, single family residence homes or a commercial strip plaza. Opposite to Consumnes River College. Elk Grove is the Second-largest city in the Sacramento region with 52,000 households with a median income of $84,827. The land have easy access to major freeways, Sacramento International Airport, rail lines, and two ports, making it a hub for seamless connectivity. Across the street from public park and public library.
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Property Facts
1 Lot Available
Lot 1
| Price | $3,188,816 CAD | Lot Size | 2.84 AC |
| Price Per AC | $1,122,826.48 CAD |
| Price | $3,188,816 CAD |
| Price Per AC | $1,122,826.48 CAD |
| Lot Size | 2.84 AC |
2 lots - 2 APN - Selling separate or together - 8.82 acres 2.84 acre - APN/Parcel ID 117-0202-041 (Multifamily Zoning, 15 units/acre) 5.98 acre - APN/Parcel ID 117-0202-042 (Single or Multifamily Zoning, 15 units/acre
Description
Seize this golden opportunity to shape the future of Elk Grove's real estate landscape. Whether you're envisioning residential communities, apartment complexes, or a commercial strip plaza, this prime location has the potential to elevate your investment portfolio.
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $9,828,637 CAD | Total Assessment | $9,828,637 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$9,828,637 CAD
Improvements Assessment
$0 CAD
Total Assessment
$9,828,637 CAD
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7400 Shasta Ave - Prime Location, One Of The Only Left In Sac
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