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Property profile & analytics
FOR SALE
Commercial land

2245 Iron Point Rd Folsom, CA 95630

4.01 ac lot
Individually Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US09-5135990
2245 Iron Point Rd, Folsom, CA 95630 For Sale
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2245 Iron Point Rd, Folsom, CA 95630
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.01 ac (174,675 SF)
Zoning code M-L (PD)
APN 072-3120-005-0000
UPID US09-5135990
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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Blend (final) Blend
by Request
Owner & transaction history
Safe Cu · 9 yrs held
Safe Cu
since 2017
2 recorded transactions
2017
$1.3M
2007
Price N/A
Zoning & alternative use
M-L (PD) · Folsom, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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