7400 Shasta Avenue
7400 Shasta Avenue
$5,400,000
260,488 / 5.98
Description
8.82-acre parcel of land that presents an exceptional opportunity for both residential and commercial development. Situated strategically between Sacramento and Elk Grove, this property is zoned for Residential and Residential Acreage, providing flexibility for a range of projects. Permit for 216 apartments by Sacramento City. Some key highlights of the property include: -Ideal for townhomes, apartment complexes, single family dwelling -Opposite the property is Cosumnes River College, a significant...8.82-acre parcel of land that presents an exceptional opportunity for both residential and commercial development. Situated strategically between Sacramento and Elk Grove, this property is zoned for Residential and Residential Acreage, providing flexibility for a range of projects. Permit for 216 apartments by Sacramento City. Some key highlights of the property include: -Ideal for townhomes, apartment complexes, single family dwelling -Opposite the property is Cosumnes River College, a significant institution that could potentially complement certain types of developments. -The area boasts a population of 52,000 households with a median income of $84,827, indicating a strong market demand for various types of properties. -Easy access to major freeways, Sacramento International Airport, rail lines, and two ports, making it a hub for seamless connectivity. -There is no CEQA requirement as it is an infill parcel, streamlining the development process. 2 lots - 2 apn - selling together - 8.82 acres - price $8,000,000 2.84 acre - $2,560,000.00 APN/Parcel ID 117-0202-041 5.98 acre $5,440,000.00; APN/Parcel ID 117-0202-042
- Listed by Amardeep Singh • DRE #01357217 • Statewide Realty & Mortgage
Property Details for 7400 Shasta Avenue
Zoning Description
Commercial, Residential, Single-Family, Multi-Residential
Zoningpermit for 216 apartments
Location
LISTING UPDATED: 05/22/2024 12:48 PM
Property Details for 7400 Shasta Avenue
Status | Active |
---|---|
MLS # | 224055000 |
Days on Compass | 25 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Residential Acreage |
Year Built | - |
Lot Size | 5.98 AC |
County | Sacramento County |
Location
Building Information for 7400 Shasta Avenue
Lot Size5.98 AC
Payment Calculator
$31,447 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 7400 Shasta Avenue
Property History for 7400 Shasta Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7400 Shasta Avenue
Taxable ValueLand$2,193,000Additions-Total$2,193,000
Tax Record2023$23,720 ($1,977 / month)
Home Facts
Beds0Lot Size123,710 SqFtStyleResidentialZoningOBCountySACRAMENTOAPN117-0202-041-0000
Schools near 7400 Shasta Avenue
This home is within Elk Grove Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Irene B. West Elementary School PublicK to 6 | ||
Edward Harris, Jr. Middle School Public7 to 8 | ||
Monterey Trail High School Public9 to 12 | ||
Rio Cazadero High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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