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

May 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


Buyer Agency Compensation

1%

Courtesy of Statewide Realty & Mortgage, Amardeep Singh,
Listing Contact:  

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