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Property profile & analytics
OFF-MARKET
Land

0 Waterman Rd Elk Grove, CA 95624

3.13 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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