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Land Property For Sale
For Sale
$850,000

7273 Luther Drive, Sacramento, CA 95823

Land in a growing area with development potential.

Property SizeContact for details
Days on Market189

Property Features for 7273 Luther Drive

General Information

Standard status Active
Property subtype Land
Listing Agency: Newmark | Sacramento
Listed By: Kelly Rivett · License #CalDRE #01249433
Source: Nmrk
Added: Jan 27 Changed: Jul 6 Last Checked: Aug 4 at 6:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Sacramento

Investment Insights

Based on property information with market context.

This land property is located in the 95823 area, which offers a mix of amenities and attractions. The location is considered strategic and is situated in an Opportunity Zone. The property has 24 carport parking stalls. The area is experiencing growth and offers development potential. The site may be suitable for senior housing, given the demand and the potential for enhanced mobility for seniors. The location provides accessibility and proximity to essential services, potentially contributing to community and economic impact. The property may offer tax incentives and investment benefits, as well as sustainability and long-term value.

Key Highlights

  • Strategic Location in Opportunity Zone
  • Senior Housing Demand
  • Tax Incentives and Investment Benefits

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Accounting Firm Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

714
Businesses Nearby

Demographics for 95823, CA

81,212
Population
25,465
Households
3.2
Avg Household Size
33
Median Age
16%
College-Educated
75%
High-School Grad
11.5 sq mi
ZIP Area
7,062
Density / Sq Mi
$63,701
Median Household Income
$34,582
Median Earnings
$1,533
Median Rent
$372,100
Median Home Value

Market

Average Price Trend$/SF for Land in Sacramento, CA

Feb
$53.3 Mar
$49.76 Apr
$49.76 May
$47.41 Jun
Jul

Properties on Market for Land in Sacramento

Feb
Mar
Apr
May
Jun
Jul
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Land in a growing area with development potential.
Where is this land located?
The property is located at 7273 Luther Drive Sacramento, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Strategic Location in Opportunity Zone; Senior Housing Demand; Tax Incentives and Investment Benefits
More about this property
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