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Listed by Kelly Rivett • Cornish & Carey Commercial
$ 1,200,000
Est. payment | /mo
34,560 SqFt
$ 1,200,000
Est. payment | /mo
34,560 SqFt
Key Details
Property Type Commercial
Sub Type Comm Lots and Land
Listing Status Active
Purchase Type For Sale
Square Footage 34,560 sqft
Price per Sqft $34
MLS Listing ID ML81997951
HOA Y/N No
Originating Board Datashare MLSListings
Lot Size 0.793 Acres
Property Sub-Type Comm Lots and Land
Property Description
An infill developer/investor opportunity to acquire a .79/acre single infill parcel in the City of Sacramento. Located within an Opportunity Zone, this parcel is zoned R-3 and is fully approved and entitled for a three-story, 24 unit senior multifamily building. The proposed development, Luther Gardens, Apartment for Seniors; offers a fantastic opportunity to capitalize on the growing demand for senior housing in an neighborhood with close proximity to medical facilities, shopping centers, schools, freeways, and public transportation.
Location
State CA
County Sacramento
Interior
Fireplace No
Building
Lot Description Level, Regular
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227