5240 Rio Linda Blvd Sacramento, CA 95838
- Commercial real estate
- 1.38 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5240 Rio Linda Blvd
- Lot size
- 1.38 lot acres
- Property type
- Commercial real estate
- APN
- 226-0102-001
Description
This exceptional 1.38-acre development site, located at 5240 Rio Linda Blvd in Sacramento, CA 95838 (APN 226-0102-001), presents a unique investment opportunity. Zoned C-1-R Commercial/Multi-Family Residential, this triangular parcel boasts high visibility from Rio Linda Boulevard. Approved plans are in place for a 43-unit apartment complex, making this a turnkey project ready for immediate development. The land is priced at $1,285,000 ($5.94/SF), representing a significant price reduction from the previous listing. The property benefits from its proximity to schools and a nearby bike trail, enhancing its appeal. City of Sacramento services are readily available. Furthermore, the project directly abuts a planned single-unit family residential development, suggesting strong future neighborhood growth. This is a rare chance to acquire a well-positioned, ready-to-build residential development site in a thriving Sacramento location. Don't miss this opportunity to capitalize on the strong demand for multi-family housing in this area.
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
- -121.448029
- Latitude
- 38.66424
