Walerga Rd & Elkhorn Blvd, North Highlands, CA 95660

1.51 Acres of Commercial Land Offered at $599,000 USD in North Highlands, CA 95660

Asking Price $599,000

Property Type
Land
Square Feet
65,776 SF

Listing Contacts

Brian Jacks

Property Overview

Commercial or residential infill development opportunity near southwest corner of Elkhorn Blvd and Walerga Road in Sacramento County with close proximity to I-80, less than two miles to the east. Subject is bordered by a shopping center (north), Highlands High School (south), multifamily (east) and single family (west). The site is generally level with all utilities available from Walerga Road. Parcel offered for sale (#2 - APN 219-0032-008) is 1.51 acres ($599,000); however, the following two parcels are also available, including: #1 - APN #219-0032-004 - 0.97 acres ($399,000) and #3 - APN 219-0032-009 - 1.20 acres ($499,000). #1-3 makes reference to the labeling in attached brochure. All three contiguous parcels comprising +/- 3.77 acres can be purchased for the discounted price of $1,399,000. Parcel 1 is zoned BP (Business Professional) while parcels 2 and 3 are zoned LC (Limited Commercial). The land can be developed as multifamily with planning approval. Since the parcels are situated within 1/4 mile of a transit stop, density could achieve 40/units per acre, yielding up to 150 units (combined).

Property Details

Property Subtype
Commercial

All available spaces

Space
Lot 1
Size
65,776 SF
Price
$599,000

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