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3871 Del Paso Rd - 97 Acres of Undeveloped Land in North Natomas
97.11 Acres of Agricultural Land in Sacramento, CA 95834
Investment Highlights
- Multiple Parcels - Property includes 5 parcels on approximately 97 acres with
- Strong Demographics - The property is surrounded by affluent neighborhoods with an AHI of $117,793 within 3 miles
- Access - Hwy 99 connecting I-80 & Hwy 50, linking Sacramento to San Francisco in the west and Reno and Lake Tahoe to the east
- Freeway Accessibility - Conveniently located half a mile from I-5, the main U.S. interstate on the West Coast with 140,000 VPD
- Dense Population and Growth - 128,664 residents within 5 miles and annual projected growth in Natomas at 1.2%
- Centrally Located - Access to State Capitol, Downtown Sacramento, and Sacramento International Airport within minutes and UC Davis
Executive Summary
The property is situated next to the residential neighborhoods of Westlake to the east and Sundance Lake to the south.
Nearby amenities within 5 minutes include Safeway anchored Natomas Town Center and Sprouts Farmers Market, restaurants, hotels, North Natomas Library, medical services, and other commercial and retail offerings.
The Sacramento MSA is the 6th largest metropolitan area in California and has benefitted from relative affordability and consistent population expansion. Household growth has continued to surpass the rate of single-family and apartment deliveries, and is forecast to outpace the national average over the next 5 years.
The property presents developers an opportunity to capitalize on the areas strong growth and residents’ demand for additional housing and services.
Property Facts
| Sale Type | Investment | Property Subtype | Agricultural |
| No. Lots | 1 | Total Lot Size | 97.11 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 97.11 AC |
1 Lot Available
Lot
| Lot Size | 97.11 AC |
| Lot Size | 97.11 AC |
97 Acres of land to be developed in rapidly growing North Natomas area of Sacramento
Description
The Natomas community has grown rapidly since the mid-1990s with extensive residential, office park, and retail development. The latest U.S. Census data indicates that the Natomas area includes more than 90,000 residents. Located near two major freeways, the Sacramento International Airport, and Downtown makes this area a prime location for visitors and locals alike. Currently, this area has more than 2.8 million square feet of local-serving retail plazas and large regional retail centers. The area also has a predominance of large business and office parks, education facilities and other organizations that make Natomas an ideal location for future employment, residential growth, mixed use development. This area has more than 1,000 acres of undeveloped land for future development opportunities.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £2,448,302 | Total Assessment | £2,448,302 |
PROPERTY TAXES
zoning
| Zoning Code | Ag-80 |
| Ag-80 |
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Rachel Kram -
David Kram -
CP Partners CRE
Presented by
3871 Del Paso Rd - 97 Acres of Undeveloped Land in North Natomas
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