5720 Riverside Blvd Sacramento, CA 95822
- Commercial real estate
- 1.75 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5720 Riverside Blvd
- Lot size
- 1.75 lot acres
- Property type
- Commercial real estate
- APN
- 029-0021-046
Description
Exceptional 1.75-acre commercial and residential land parcel located at 5720 Riverside Boulevard, Sacramento, CA 95822. This property, identified by APN 029-0021-046, offers significant development potential. Currently zoned RD-1, the site encompasses approximately 76,230 square feet, with approximately 45,010 square feet of developable land. An existing 804-square-foot single-family home is situated on the property, presenting options for rental income during any potential rezoning or entitlement process. The property's strategic location in Sacramento County provides access to key transportation routes and amenities. A suggested rezoning to RD-30 could unlock the potential for a 30-unit multifamily development, catering to market-rate or affordable housing needs. Investors have multiple avenues for maximizing returns, including leasing the existing home, leasing the entire land parcel, or pursuing the rezoning and development of a multifamily project. This versatile property presents a unique opportunity for a discerning buyer seeking a prime location with substantial upside potential. The asking price is $1,248,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.5225381
- Latitude
- 38.5236618