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Property profile & analytics
OFF-MARKET
Land

0 Cor Of Manzanita Ave & Locust Ave Carmichael, CA 95608

1.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.66-acre commercial land parcel presents a unique development opportunity in the heart of Carmichael, California. Located at the highly visible southwest corner of Manzanita Avenue and Locust Avenue, this property boasts a prime location with significant street frontage, ensuring maximum exposure for any future development. The site is zoned LC (Limited Commercial), offering flexibility for a variety of commercial uses. Existing structures, including 1950s-era residential and commercial buildings, are currently unoccupied and present options for adaptive reuse or demolition. The property's convenient location in desirable Carmichael provides easy access to major thoroughfares, amenities, and a strong local market. Utilities, including both wet and dry services, are readily available. The property includes two APNs: 230-0710-004-0000 and 230-0710-003-0000, providing clear identification for due diligence. This is an ideal investment for developers seeking a high-visibility location with significant potential for commercial growth in a thriving Sacramento County community. The property's size and zoning make it suitable for a range of commercial projects, capitalizing on its excellent visibility and convenient location. Don't miss this chance to acquire a premier commercial land parcel in a highly sought-after area. The existing structures offer potential for creative repurposing or straightforward demolition to make way for new construction. This is a rare opportunity to establish a significant commercial presence in Carmichael.

Property profile
Verified
Property type Land
Lot 1.66 ac (72,310 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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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