Active
0 Shasta Avenue
Elk Grove CA, 95758
$2,560,000
$20.69 per sqft
Active
2.84 Acres
Land
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
224055073
MLSⓇ ID
May 22, 2024
Listed
August 23, 2024
Updated
Map
0 Shasta Avenue
Elk Grove CA, 95758
Exterior/Building Features
Lot Size
2.84 Acres
Lot Features
Corner Lot
Sewer
Public Sewer
School Information
School District
Sacramento Unified
Other Property Details
Area Name
10758
Garage
No
View
No
County
Sacramento
Water Source
Public
Pool
No
Zoning
Residential,Multi-Residential
Courtesy of Statewide Realty & Mortgage, Amardeep Singh,
Listing Contact:
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