Seize the opportunity to invest in this exceptional 2-acre lot in the heart of Natomas, zoned R-1A & approved for approximately 34 attached or detached townhome lots. City is open to discussions for a zoning change that could allow for higher density, further maximizing your investment potential. Property includes 1,500 sqft residence, which is being sold AS IS. Currently rented for $2,500 per month, offering immediate cash flow while finalizing development plans. Surrounded by newly developed single-family homes & townhomes, this site offers an ideal environment for residential development. Quick access to I-80 and I-5, making it an attractive location for future residents. Curbs, gutter & sidewalk along the property's southern boundary. Nearby Tanzanite Community Park features a pond, pickleball, basketball, skatepark, & play structure. This recreational space provides excellent amenities for families and active individuals, further increasing the attractiveness of the development. Conveniently located just minutes from Downtown Sacramento w/ shopping, dining, Regal Theaters & the new Kaiser Hospital, all within half a mile. The value of this property lies in its significant potential for future residential development.
The median home value in Sacramento, CA is $427,200. This is lower than the county median home value of $489,000. The national median home value is $338,100. The average price of homes sold in Sacramento, CA is $427,200. Approximately 47.71% of Sacramento homes are owned, compared to 47.44% rented, while 4.86% are vacant. Sacramento real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sacramento real estate agent to arrange a tour today!
Sacramento, California 95834 has a population of 518,605. Sacramento 95834 is less family-centric than the surrounding county with 26.13% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Sacramento, California 95834 is $71,074. The median household income for the surrounding county is $76,422 compared to the national median of $69,021. The median age of people living in Sacramento 95834 is 35.2 years.
The average high temperature in July is 92.6 degrees, with an average low temperature in January of 39.1 degrees. The average rainfall is approximately 19.9 inches per year, with 0 inches of snow per year.