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Walerga Road & Elkhorn Blvd
Sacramento, CA 95842

Possible High Density Residential Development · Land For Sale · 1.20 AC

Investment Highlights

  • Infill development opportunity
  • Less than 2 miles from I-80
  • Near shopping, schools and public transportation
  • Utilities at Walerga Road

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Total Lot Size 1.20 AC

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 (#3 - APN 219-0032-009 is 1.20 acres ($499,000); however, the following two parcels are also available, including: #1 - APN #219-0032-004) - 0.97 acres ($399,000) and #2 - APN 219-0032-008 - 1.51 acres ($599,000). #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

PROPERTY TAXES

Parcel Number
219-0032-009
Land Assessment
$118,976
Improvements Assessment
$0
Total Assessment
$118,976

zoning

Zoning Code LC (Limited Commercial)
LC (Limited Commercial)
  • Listing ID: 32187137

  • Date on Market: 6/19/2024

  • Last Updated:

  • Address: Walerga Road & Elkhorn Blvd, Sacramento, CA 95842

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