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Walerga Road & Elkhorn Blvd - Possible High Density Residential Development 0.97 - 1.51 Acre Commercial Land Lots Offered at £297,179 - £446,812 Per Lot in Sacramento, CA 95842



INVESTMENT HIGHLIGHTS
- Infill development opportunity
- Less than 2 miles from I-80
- Near shopping, schools, and public transportation
- Utilities at Walerga Road
PROPERTY FACTS
3 PLOTS AVAILABLE
Plot 1
| Price | £297,179 | Total Plot Size | 0.97 ac |
| Price Per ac | £306,683.93 |
| Price | £297,179 |
| Price Per ac | £306,683.93 |
| Total Plot Size | 0.97 ac |
Zoning: BP (Business Professional)
Plot 2
| Price | £446,812 | Total Plot Size | 1.51 ac |
| Price Per ac | £295,901.66 |
| Price | £446,812 |
| Price Per ac | £295,901.66 |
| Total Plot Size | 1.51 ac |
Zoning: LC (Limited Commercial)
Plot 3
| Price | £371,660 | Total Plot Size | 1.20 ac |
| Price Per ac | £309,716.82 |
| Price | £371,660 |
| Price Per ac | £309,716.82 |
| Total Plot Size | 1.20 ac |
Zoning: LC (Limited Commercial)
DESCRIPTION
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 (#1 - APN #219-0032-004) is 0.97 acres ($399,000); however, the following two parcels are also available, including: #2 - APN 219-0032-008 - 1.51 acres ($599,000) 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).
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £270,990 | Total Assessment | £270,990 |
PROPERTY TAXES
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Walerga Road & Elkhorn Blvd - Possible High Density Residential Development
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