2245 Iron Point Rd Folsom, CA 95630
For Sale
This exceptional 4.01-acre parcel presents a rare opportunity for development in Folsom, California. Located at 2245 Iron Point Road, this vacant land boasts significant Highway 50 frontage, offering unparalleled visibility and accessibility. The property is situated within the Folsom Corporate Center (FCC), a thriving 100-acre development strategically positioned between Highway 50 and Iron Point Road, east of the Prairie City Road interchange. FCC is home to a diverse range of established businesses, including SAFE Credit Union, Kaiser Permanente, Micron Technology, HDR Engineering, and Davita Kidney Care, occupying approximately 475,000 square feet of office, medical, and R&D space across four buildings. Two multi-family apartment communities are also under development within FCC, adding to the area's dynamic growth. The property's flat topography and on-site utility availability simplify development plans. Its convenient location offers close proximity to major employers, retail amenities, and entertainment options, making it an ideal site for a variety of commercial or residential projects. The M-L-PD zoning designation allows for multiple development possibilities. Given Folsom's need to meet state-mandated multi-family housing allocations, this property presents a unique opportunity to contribute to the city's housing needs while capitalizing on its prime location and high visibility. The APN is 072-3120-005. This is a truly exceptional opportunity in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
M-L (PD) · Folsom, CAFolsom. Always verify with local authorities before improvements.
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.