Property profile

7999 Base Line Rd Elverta, CA 95747

OFF-MARKET
Land
62.5 ac lot
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Property summary

AI-generated overview

This exceptional 62.5-acre property located at 7999 Baseline Road, Elverta, CA 95747 (APN 023-010-024-000) presents a compelling investment opportunity for developers. Situated in Placer County, this land offers significant potential due to its versatile zoning. Currently zoned for Commercial and Residential uses, with the possibility of rezoning, the property allows for a wide range of development projects. The permitted uses include hotel/motel development, adding to its appeal. The expansive lot size provides ample space for large-scale projects. This location is particularly attractive given its proximity to the rapidly growing Placer Vineyard Community, south of Baseline Road, suggesting strong future growth potential. The asking price for this significant parcel is $6,250,000. This property is ideal for those seeking a substantial land holding with diverse development possibilities in a thriving area of California. The property's agricultural subtype adds another layer of potential uses, depending on future development plans and approvals. Serious inquiries are encouraged to explore the full potential of this remarkable development opportunity.

Property profile

Verified
Property type Land
Lot 62.5 ac (2,722,500 SF)

Cap rate & NOI

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

Location

7999 Base Line Rd Elverta, CA 95747
Elverta metro
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Value estimations

Realmo proprietary · 4 methods
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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
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