$7,000,000
Potential 245 Lot Single Family Residential Subdivision. Highest And Best Use Of Property May Be A Single Family Residenial Subdivision That Might Be Allowed With A Zoning Change To R-1. City Of Sacramento R-1 Zoning Is Believed To Allow Up To Seven Homes Per Acre. Therefore 35 Acres x 7 = 245. A Zoning Change And Subdivision Would Require Approval By, From, The City Of Sacramento. An 'OPTION TO BUY' Agreement May Be Considered By Seller. An OPTION Would Allow Time For A Buyer to Obtain Entitlements. Listing Agent's Perceived Existing Zoning Is R-3. City R-3 Zoning And Perceived Existing Mixed Zoning May Allow Up To Twenty Nine (29) Units, Multi-Family Residential Units Per Acre. There Are Three Tax Parcels Consisting Of Approximately THIRTY FIVE (35) ACRES Plus Or Minus. It Is Also Believed That The Property May Be Situated Within An Economic OPPORTUNITY ZONE. A Past Proposed Senior Housing Development Referred To As Leisure Vistas Was Believed To Have Been Tentatively Approved To Conditionally Allow Construction Of Approximately 850 SENIOR HOUSING UNITS. This Property MUST BE SEEN To Appreciate, Especially Because There Is So Much Adjacent 'OPEN SPACE'. Guesstimated Nearby Open Space, Greenbelt, Is Perhaps Hundreds Of Acres. End Users Would Be Able To Enjoy Open Space With Access To Multi-Purpose Trails (e.g. Hiking, Biking, Horseback Riding). Developers Create A MULTI-FAMILY COMMUNITY Or Maybe Create A Single Family Residential Community Unto Itself. Nearby Open Space Includes Proposed Hansen Ranch Lakes Park. When Developed Upper Story Multi-Family Units With Northerly Views Might Enjoy Seeing Wild Turkeys, Water-Foul, Cattle, And Sensational Sunsets. Rare Find. Collectively A Large Parcel. Inside Sacramento City Limits. Easy Access To Interstate Freeways (I-5 And I-80); Also To California Highway (70/99). State Capitol, Interstate Rail, International Airport, Shopping And Restaurants, Are Just Minutes Away.
226032826
MLS
653 CLAIRE Avenue, Sacramento
Listing courtesy of Nolan Real Estate.
