Douglas Rd Rancho Cordova, CA 95742
- Land
- 0.95 lot acres
Current Use by Public Records
- Land
Property Details for 0 Douglas Rd
- Lot size
- 0.95 lot acres
- Property type
- Land
Description
This exceptional 0.95-acre commercial land parcel, located in Rancho Cordova, California (APN 067-0040-006), presents a unique investment opportunity. Situated on Douglas Rd and Grant Line Rd, this property boasts high development potential due to its proximity to the planned Capital Connector, a 34-mile expressway connecting Highway 50 and Interstate 5. The site is strategically positioned near significant residential growth, with approximately 4,700 new homes planned southwest of the property and an additional 1,300 currently under construction. This influx of residents will create increased demand for commercial services. Currently zoned AG, the property's future use will depend on the buyer securing commercial zoning approvals from the City of Rancho Cordova (at the buyer's expense). Please note that the final net acreage may be approximately 0.75 acres, subject to adjustments based on the future widening of Grant Line Road. The asking price for this promising development site is $1,100,000. This property offers a compelling investment opportunity for those seeking to capitalize on the burgeoning growth in Rancho Cordova. The zip code is 95742.
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
- Rancho Cordova
- County
- Sacramento
- State
- California
- Longitude
- -121.188
- Latitude
- 38.5591
