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    Residential River Park Dr Sacramento, CA 95819

    Sponsored
    For Sale
    $7,872,000

    Prime West Sacramento residential land, 16 acres, development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional 16.21-acre development opportunity in West Sacramento, CA (zip code 95819), situated on the Sacramento River's bank, just south of Cook Inlet and north of the Broderick Boat Ramp. This property, identified by APNs 014-610-21 and 010-530-03, is zoned for residential development. The proposed plan envisions approximately 164 single-family townhome units, each featuring two to four bedrooms and ranging from 2,400 to 4,000 square feet. These homes are designed for a raised pier foundation. The location offers convenient access to Raley Field and Old Sacramento. The asking price for this significant land parcel is $7,872,000, translating to an approximate cost of $48,000 per lot. This presents a compelling investment opportunity in a desirable West Sacramento location. The property's riverfront position and proximity to established amenities make it an attractive prospect for developers seeking to capitalize on the growing demand for housing in the area. Detailed plans and specifications are available upon request.

    Property Features for Residential River Park Dr

    General Information

    Property type
    Land
    Lot Size
    706,108 SF

    HighLights

    • Excellent location near Raley Field and Old Sacramento.
    • $48,000 per lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.429071
    Latitude
    38.5765129

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    FAQs

    What type of property is this?
    Land - Prime West Sacramento residential land, 16 acres, development potential.
    Where is this land located?
    The property is located at Residential River Park Dr Sacramento, CA.
    What is the asking price?
    The asking price for this property is $7,872,000.
    What are key features of this property?
    This property features: Excellent location near Raley Field and Old Sacramento.; $48,000 per lot.;
    (916) 779-1000
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    Residential River Park Dr Sacramento, CA 95819
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Residential River Park Dr Sacramento, CA 95819
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