000 Riverside Blvd - Riverside Blvd.
0.32 Acres of Commercial Land Offered at $425,000 in Sacramento, CA 95822
Investment Highlights
- City of Sacramento will allow a 9 unit apartment complex to be built
- 14,026 square foot parcel
- Close proximity to Interstate 5. Sacramento River bike trail and river marina across the street
- Located directly at the entrance to riverfront Hilton hotel and Scott’s Seafood on the river
- Located in Sacramento’s little pocket neighborhood which is a compilation of very nice homes
Executive Summary
0.32-acre lot on Riverside Blvd, zoned R-3-R is available for purchase, offering a unique development opportunity. Preliminary approval for 9 residential units in a highly sought-after area, just minutes from downtown Sacramento, the Sacramento River, and all its amenities. Ideal for developers or investors looking for prime real estate with easy access to shopping, dining, and public transportation.
Property Facts
Price | $425,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Multifamily |
Total Lot Size | 0.32 AC |
1 Lot Available
Lot
Price | $425,000 |
Price Per AC | $1,319,904.47 |
Lot Size | 0.32 AC |
1 of 1
PROPERTY TAXES
Parcel Number | 016-0161-039 | Improvements Assessment | $0 |
Land Assessment | $244,800 | Total Assessment | $244,800 |
zoning
Zoning Code | R-3 |