0 Cor Of Manzanita Ave & Locust Ave Carmichael, CA 95608
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.
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
Similar Nearby for Lease
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.