Property profile

0 Waterman Rd Elk Grove, CA 95624

OFF-MARKET
Land
3.13 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 3.13 ac (136,343 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Waterman Rd Elk Grove, CA 95624
Elk Grove metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Waterman Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message