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7400 Shasta Ave

2.84 - 5.98 Acre Commercial Land Lots Offered at $2,791,577 - $5,932,102 CAD Per Lot in Elk Grove, CA 95758

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Investment Highlights

Zoned for both Residential and Residential Acreage.
8.82-acre parcel presents an exceptional opportunity for residential and commercial development.

Situated on the border of Sacramento and Elk Grove
Second-largest city in the Sacramento region

Executive Summary

Situated on the border of Sacramento and Elk Grove. 8.82-acre parcel presents an exceptional opportunity for residential and commercial development. Zoned for both Residential and Residential Acreage. Ideal for nursing homes, apartment complexes, townhomes, single family residence homes or a commercial strip plaza. Opposite to Consumnes River College. Elk Grove is the Second-largest city in the Sacramento region with 52,000 households with a median income of $84,827. The land have easy access to major freeways, Sacramento International Airport, rail lines, and two ports, making it a hub for seamless connectivity. Permited for 216 Apartments.

Property Facts

Price	$2,791,577 - $8,723,680 CAD	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Apartment Units Master Planned Community Storefront, Retail or Residential Single Family Residence
No. Lots	2	Total Lot Size	8.82 AC
Property Type	Land

Price	$2,791,577 - $8,723,680 CAD
Sale Type	Investment
No. Lots	2
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Apartment Units Master Planned Community Storefront, Retail or Residential Single Family Residence
Total Lot Size	8.82 AC

2 Lots Available

Lot 1

Price	$2,791,577 CAD	Lot Size	2.84 AC
Price Per AC	$982,953 CAD

Price	$2,791,577 CAD
Price Per AC	$982,953 CAD
Lot Size	2.84 AC

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

Lot 2

Price	$5,932,102 CAD	Lot Size	5.98 AC
Price Per AC	$991,990 CAD

Price	$5,932,102 CAD
Price Per AC	$991,990 CAD
Lot Size	5.98 AC

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

Description

Seize this golden opportunity to shape the future of Elk Grove's real estate landscape. Whether you're envisioning residential communities, apartment complexes, or a commercial strip plaza, this prime location has the potential to elevate your investment portfolio.