0 Shasta Avenue is a $2,560,000 home on a 2.84 acre lot located in Elk Grove, CA.
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
Exterior Features | Shape Regular Corner City Street |
Land Type | None Commercial Residential None |
Irrigation | Public |
Sewer | Public Sewer |
Property Type | Land |
Property Sub Type | Residential Acreage |
Style | Multi-Family Planned Unit Development Residential |
HOA Fee | $0.00 |
County | sacramento |
School District | sacramento unified |
Neighborhood |
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