6901 Walter Ave Sacramento, CA 95828
This exceptional investment opportunity presents two parcels of land totaling approximately 1.89 acres, ideally situated in southeast Sacramento, within 10 miles of the city center. The property consists of 6899 Walter Ave (APN: 051-0160-014), a 1.68-acre lot (approximately 73,181 square feet) zoned for multi-family residential development, and 6901 Walter Ave (APN: 051-0160-005), a 0.21-acre lot (approximately 9,242 square feet) zoned for residential use. This location offers convenient access to Highway 99 and is surrounded by a variety of amenities, including restaurants, grocery stores, and shopping centers. The property is well-suited for the development of single-family homes, multi-family residences, or affordable housing, presenting a significant opportunity for investors to capitalize on the strong growth potential of the Sacramento real estate market. The area is experiencing a surge in population and job growth, particularly within the technology sector, further enhancing the long-term value of this development. The asking price for this combined land offering is $1,750,000. This represents a rare chance to acquire a substantial land holding in a thriving Sacramento County location.
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
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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.