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6725 Stockton - Vacant Land | Commercial/Residential MixedUse
1.51 Acres of Residential Land Offered at $1,302,300 in Sacramento, CA 95823
Investment Highlights
- Stockton Blvd (30,600 VPD) | Fee Simple Ownership | Rare Pad Development Opportunity | Various Permitted Uses
- Strong Demographics In 5-Mile Trade Area
- Florin Towne Center (480,000 SF) | State Hwy 99 (213,000 VPD) |Southgate Plaza (348,000 SF) | Strong Retail Corridor
Executive Summary
• No landlord responsibilities
• Value-add opportunity through lease-up and development of the site
• Zoned for SPA - Special Planning Area
• Permitted uses are Residential Mixed Use and Large Lot Commercial
• Residential Mixed Use developments are defined as any development of primarily residential uses, but may include retail or commercial uses on the ground floor of the building
• Large Lot Commercial Land Use allows for the same uses as Shopping Center (SC) or Limited Commercial (LC) zoning categories of the zoning code
Property Facts
Price | $1,302,300 | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 1.51 AC |
Price | $1,302,300 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 1.51 AC |
1 Lot Available
Lot
Price | $1,302,300 | Lot Size | 1.51 AC |
Price Per AC | $862,450 |
Price | $1,302,300 |
Price Per AC | $862,450 |
Lot Size | 1.51 AC |
• Value-add opportunity through lease-up and development of the site • Zoned for SPA - Special Planning Area • Permitted uses are Residential Mixed Use and Large Lot Commercial
Description
• Less than a mile north of Florin Towne Center, a 480,000 square foot shopping mall anchored by a Walmart Supercenter • Situated east of State Highway 99, which averages 213,000 vehicles passing by daily, and serves as a major north/south traveling thoroughfare within the city of Sacramento • Less than two miles north east of Southgate Plaza, a 348,000 square foot shopping center with major tenants including dd’s Discounts, 99 Cents only, and more • Strong tenant synergy promotes crossover shopping to the subject property
PROPERTY TAXES
Parcel Number | 040-0041-034 | Improvements Assessment | $0 |
Land Assessment | $893,648 | Total Assessment | $893,648 |
PROPERTY TAXES
zoning
Zoning Code | SPA (Special Planning Area) |
SPA (Special Planning Area) |
Presented by
6725 Stockton - Vacant Land | Commercial/Residential MixedUse
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