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Carmichael Colony Land Opportunity
For Sale
$199,999

3252 Panama, Carmichael, CA 95608

Land for sale in Carmichael Colony Neighborhood.

Days on Market112

Property Features for 3252 Panama

General Information

Standard status Active
Property subtype Land
Listing Agency:
Listed By: Alexander Burgoa · License #02191388
Source: Elliman
Added: Apr 10 Changed: Jul 10 Last Checked: Jul 15 at 11:02PM

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 Alexander Burgoa

Investment Insights

Based on property information with market context.

This unique land, priced to sell, is located in the Carmichael Colony Neighborhood. The lot is directly adjacent to 3244 Panama Ave, and the seller prefers to sell both lots together. According to Sacramento County, 3252 Panama is zoned as Special Planning Area Zoning (SPA) with an allowable building density of at least 7 units. Within the SPA zoning, available residential and commercial uses include multi-unit housing, warehouses, day cares, residential care facilities, vocational schools, churches, offices, and outpatient centers. The location provides easy commuter access to Fair Oaks, Folsom, Downtown Sacramento, and El Dorado Hills. Utilities are nearby on the adjacent lot. The bike score is 46, indicating it is somewhat bikeable, and the walk score is 25, indicating car-dependent accessibility.

Key Highlights

  • Zoned as Special Planning Area (SPA) allowing for diverse residential and commercial uses.
  • Allowable building density of at least 7 units.
  • Seller prefers to sell with adjacent lot (3244 Panama Ave), potentially offering a larger development opportunity.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Bakery Catering Service Cosmetic Store

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

826
Businesses Nearby

Demographics for 95608, CA

65,367
Population
27,312
Households
2.4
Avg Household Size
43
Median Age
36%
College-Educated
92%
High-School Grad
13.2 sq mi
ZIP Area
4,952
Density / Sq Mi
$83,638
Median Household Income
$45,625
Median Earnings
$1,549
Median Rent
$565,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land for sale in Carmichael Colony Neighborhood.
Where is this commercial land located?
The property is located at 3252 Panama Carmichael, CA.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Zoned as Special Planning Area (SPA) allowing for diverse residential and commercial uses.; Allowable building density of at least 7 units.; Seller prefers to sell with adjacent lot (3244 Panama Ave), potentially offering a larger development opportunity.
More about this property
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