Commercial Land for Sale in Sacramento, CA

  • Price: $1.2M
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Sacramento, CA 95832

Description

Residential Infill Development site in South Sacramento Meadowview Rd / 24th St. is 3.4 acres land centrally located at the gateway to the Delta Shores master planned community. The property consists of two (2) rectangular parcels zoned R-1. The property is a prime development opportunity providing many viable options for a project, highlighted by a residential multifamily, mixed-use project, or single family for sale subdivision. Under the new 2040 General Plan which went into effect in March 2024, the Property has land use designation of Residential Mixed Use (RMU). The single-unit zoned site could be subdivided into individual lots for single-family homes with up to two ADU’s on each lot. The minimum density is three (3) dwelling units per acre. Alternatively, the developer can take advantage of Sacramento’s first in the state Missing Middle Housing ordinance and have a maximum unit restriction based solely on the Maximum Floor Area Ratio (FAR). Based on land area of approximately 148,104 square feet, the site provides an opportunity to develop up to 296,200 square foot building.

Market Context

This land in Sacramento, CA is listed for sale at $1,250,000. It has been on the market for 148 days. Compare it against other land listings for sale in Sacramento, CA — <a href="/search/sale/land/california/sacramento">view the full market</a>.

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