Description
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.
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0BEDS
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2.03ACRES
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0BATHS
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01/2 BATHS
School Information
Description
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.
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