4725 Chippendale Dr Sacramento, CA 95841-2502
- Commercial land
- 1.74 lot acres
Nov 27, 2024
Current Use by Public Records
- Commercial land
Property Details for 4725 Chippendale Dr
- Lot size
- 1.74 lot acres
- Zone code
- LC
- Property type
- Commercial land
- APN
- 228-0151-033-0000
- APU
- 22801510330000
Description
This exceptional 1.75-acre commercial and residential land parcel, located at 4725 Chippendale Dr, Sacramento, CA 95841 (APN 228-0151-033), presents a compelling investment opportunity. Priced at $1,350,000 ($17.71/SF), this property is zoned LC, permitting up to 30 units per acre, potentially increasing to 40 units per acre if within a quarter-mile of a transit stop. Currently, the site is on the Affordable Housing Inventory, designated for 13 lower-income units, offering potential for density bonuses and development standard deviations for projects incorporating affordable housing. The site's convenient location near Interstate 80 and Madison Avenue, at the corner of Date Avenue and Chippendale Road, provides excellent access and visibility. A non-discretionary major design review is generally possible for multi-family projects meeting development standards. Beyond residential development, alternative uses include boat/RV storage, mini-storage, or office space. The area boasts abundant amenities, including Target, Smart & Final, various banks, and numerous fast-food restaurants. This property offers significant potential for developers seeking residential or mixed-use projects in a thriving Sacramento location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.354
- Latitude
- 38.6632
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA