0 Waterman Rd Elk Grove, CA 95624
This exceptional commercial land offering in Elk Grove, CA, presents a unique investment opportunity. Comprising two parcels totaling approximately 12.4 acres (APN# 134-0110-0127: ±3.13 acres and APN# 134-0110-0156: ±9.27 acres), this property boasts significant potential. The larger parcel includes existing structures totaling approximately 1,584 square feet, consisting of a house and storage building. The property is zoned MP by the City of Elk Grove and benefits from convenient access to water and sewer. Its prime location on Waterman Road offers excellent visibility and accessibility, with easy access to Highway 99. This land is situated adjacent to a rapidly expanding area of commercial and industrial development in Elk Grove, and is in close proximity to thousands of existing and planned residential projects. Furthermore, its location less than one mile from the future regional expressway connecting Interstate 5 and Highway 50 provides unparalleled connectivity. The asking price for the entire property is $1,950,000, with the possibility of separate sales. This is a rare opportunity to acquire strategically located commercial land in a high-growth area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.