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7400 Shasta Avenue Elk Grove, CA $ 5,400,000
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7400 Shasta Avenue
$ 5,400,000
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7400 Shasta Avenue

Elk Grove, CA, 95758
$ 5,400,000
Baths0.0

Monthly Estimate*

$ 35,890

7400 Shasta Avenue, Elk Grove, CA 95758 - Image 1
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Studio

Lots and Land for sale in Elk Grove, CA

for $5,400,000. The lot size is 5.98.

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

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Lots and Land Active

Price

$ 5,400,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Residential Acreage

Lot Size

5.98

Town/City

Elk Grove

County/Region

Sacramento

MLS | Web ID

224055000
Features
General
Sewer Public Sewer
Utilities Public Other
Development Status Raw Land Site Plan Approved Site Plan Filed Subdivision Possible
Zoning permit for 216 apartments
HOA 0
Crops None
Topography Mostly Level
Property SubType Residential Acreage
Current Use Vacant Other
Elevation 0
County Sacramento
Property Type Land
HOA / Comm Assn N
Possible Use Residential Single Family
Close Price 0.0
Status Active
Directions corner of shasta and bruceville
City Elk Grove
Buyer Agent Compensation 1
High School District Sacramento Unified
Zoning Description Commercial Residential Single-Family Multi-Residential
MLS Area 10758
Lot Size Square Feet 260489.0
Standard Status Active
Middle/Junior School District Sacramento Unified
Elementary School District Sacramento Unified
Buyer Agent Compensation Type Percent
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Exterior
Vegetation None
Lot Features Corner Sidewalk(s) Street Light(s)
Water Source Public
Total Parking 0.0
Soil Unknown
Lot Size Acres 5.98
Lot Size Source Assessor Auto-Fill
Road Frontage Type City Street
Number of Lots 0
Horse Y/N N
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Internal Only
Street Number 1 7400
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* Excluded Features
List By
Statewide Realty & Mortgage

Broker

zeroclosing@gmail.com

Email

Affordability Calculator

$35,890
Per Month
100%
0%
0%
Monthly Principal & Interest
$35,890
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3193778 Elementary School
3193676 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/22/2024 $5,400,000 Listed Price

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7400 Shasta Avenue, Elk Grove, CA, 95758 is a Lots and Land for sale at $5,400,000 with a lot size of 5.98. 7400 Shasta Avenue is a studio with 0.0 baths. The property's zip code is 95758 which is in Elk Grove, CA

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