$749,999
Sacramento, CA 95828
Sacramento
County
Land
Property Type
One of two land parcels FOR SALE located in an Opportunity Zone (U.S. tax incentive program): This flat mostly cleared land borders overhead utilities, underground utilities, existing home tracts, sidewalks, curbs, two paved driveways and a city street. Signs of utilities nearby, which could help streamline the development process. Alongside the benefits of Opportunity Zoning this lot was also recently upzoned to RD-30 by the county, encouraging new construction. Seller open to sell with twin parcel (7521 Power Inn Rd Sacramento, CA 95828). Benefit from deferring capital gains taxes and potentially eliminating taxes on the new investment's appreciation. Wonderfully located in an established neighborhood made up of single family residences, multifamily, and newer home construction. Attached with sidewalks and curbs to enhance street access, foot traffic, and the strong built-in demand for housing. Conveniently located couple minutes away from Florin Town Center, HWY 99, and HWY 50. Also enjoy easy commuter access to highly rated schools in the Elk Grove Unified District, Little Saigon, Downtown Sacramento, dining, shopping and more everyday amenities. Buyer to verify all info and all development possibilities with the appropriate agencies.
$3,992/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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