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8668 Poppy Ridge Rd Elk Grove, CA 95757

OFF-MARKET Land Google Maps
13 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US09-5339131

Property summary

AI-generated overview

This exceptional 13-acre parcel, located at 8668 Poppy Ridge Rd, Elk Grove, CA 95757, presents a unique opportunity for high-density residential development. Zoned RD-35 (HDR), it allows for a potential density of 35 dwelling units per acre, offering significant development potential. The property boasts a fee simple ownership and is situated in Sacramento County. The APN is 132-0290-021. While currently vacant land, a proposed (but not yet entitled) 220-unit large family affordable housing development has been previously considered for this site. This underscores the significant potential for large-scale residential construction. The site is classified as a Difficult Development Area (DDA) and is considered to have the highest resource classification by the County of Sacramento. Further due diligence is recommended to fully explore the development possibilities and navigate the complexities associated with a DDA designation. Detailed information and a due diligence folder are available upon request. This property offers a substantial opportunity for developers seeking a significant land acquisition in a growing California market. The location in Elk Grove provides access to established infrastructure and amenities. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 13 ac (566,280 SF)
UPID US09-5339131

Cap rate & NOI

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

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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