Overview
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Commercial or residential infill development opportunity near southwest corner of Elkhorn Blvd and Walerga Road in Sacramento County with close proximity to I-80, less than two miles to the east. Subject is bordered by a shopping center (north), Highlands High School (south), multifamily (east) and single family (west). The site is generally level with all utilities available from Walerga Road. Parcel offered for sale (#2 – APN 219-0032-008) is 1.51 acres ($599,000); however, the following two parcels are also available, including: #1 – APN #219-0032-004 – 0.97 acres ($399,000) and #3 – APN 219-0032-009 – 1.20 acres ($499,000). #1-3 makes reference to the labeling in attached brochure. All three contiguous parcels comprising +/- 3.77 acres can be purchased for the discounted price of $1,399,000. Parcel 1 is zoned BP (Business Professional) while parcels 2 and 3 are zoned LC (Limited Commercial). The land can be developed as multifamily with planning approval. Since the parcels are situated within 1/4 mile of a transit stop, density could achieve 40/units per acre, yielding up to 150 units (combined).
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19225 Moroni Lane, Grass Valley, CA 95949
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Source:
Listed by: Windermere Signature Properties Downtown -
Details
$70,000(Negotiable)
3085 Parella Court, West Sacramento, CA 95691
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Source:
Listed by: Hart Management Company -
Details
$489,000(Negotiable)
