Gerber Rd And Waterman Rd Sacramento, CA 95829
- Land
- 20.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Gerber Rd And Waterman Rd
- Lot size
- 20.00 lot acres
- Property type
- Land
Description
This exceptional commercial land offering encompasses 20 acres in Sacramento County, California, featuring a total of 94 tentative map lots. The property, located at the intersection of Gerber Road and Waterman Road, zip code 95829, is zoned RD-5 and boasts approved improvement plans, allowing for immediate commencement of construction. The final map is slated for recording in March 2024. Individual lot sizes vary, with dimensions of 55' x 105' and 55' x 120' available. The APNs for this expansive parcel are 065-0260-017 and 065-0260-018. This prime location presents a unique investment opportunity, further enhanced by its designation as an Opportunity Zone. Each lot is priced at $87,500, offering significant potential for development and return. This is a rare chance to acquire a substantial land holding in a rapidly developing area of Sacramento, poised for significant growth. The property's strategic location and approved plans make it an ideal investment for builders, developers, and investors seeking a turnkey project with immediate development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.356
- Latitude
- 38.4816
