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    7999 Base Line Rd Elverta, CA 95747

    Sponsored
    For Sale
    $6,250,000

    Prime Placer County acreage, multiple zoning options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 62.5-acre property located at 7999 Baseline Road, Elverta, CA 95747 (APN 023-010-024-000) presents a compelling investment opportunity for developers. Situated in Placer County, this land offers significant potential due to its versatile zoning. Currently zoned for Commercial and Residential uses, with the possibility of rezoning, the property allows for a wide range of development projects. The permitted uses include hotel/motel development, adding to its appeal. The expansive lot size provides ample space for large-scale projects. This location is particularly attractive given its proximity to the rapidly growing Placer Vineyard Community, south of Baseline Road, suggesting strong future growth potential. The asking price for this significant parcel is $6,250,000. This property is ideal for those seeking a substantial land holding with diverse development possibilities in a thriving area of California. The property's agricultural subtype adds another layer of potential uses, depending on future development plans and approvals. Serious inquiries are encouraged to explore the full potential of this remarkable development opportunity.

    Property Features for 7999 Base Line Rd

    General Information

    Property type
    Farms
    Lot Size
    2,722,500 SF

    HighLights

    • 62.5‑acre commercial and residential land parcel in Elverta, CA.
    • Located at 7999 Baseline Road, APN 023‑010‑024‑000, Placer County.
    • Versatile zoning allows for diverse development projects, including hotels/motels.
    • $6,250,000 asking price.
    • Excellent growth potential due to proximity to Placer Vineyard Community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elverta
    County
    Placer
    State
    California
    Longitude
    -121.4326352
    Latitude
    38.7516132

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    FAQs

    What type of property is this?
    Farm - Prime Placer County acreage, multiple zoning options.
    Where is this farm located?
    The property is located at 7999 Base Line Rd Elverta, CA.
    What is the asking price?
    The asking price for this property is $6,250,000.
    What are key features of this property?
    This property features: 62.5-acre commercial and residential land parcel in Elverta, CA.; Located at 7999 Baseline Road, APN 023-010-024-000, Placer County.; Versatile zoning allows for diverse development projects, including hotels/motels.
    Request Owner's contact information
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    Elverta, CA 95747
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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
    7999 Base Line Rd Elverta, CA 95747
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