5240 Rio Linda Blvd - Residential LAND FOR SALE


Sacramento, CA 95838- Robla60,113 SF
$999,000 USD
925-878-1218
5240 Rio Linda Blvd, Sacramento, CA for Sale
$999,000 USD
Residential LAND - FOR SALE
1/6
60,113 SF

5240 Rio Linda Blvd
Sacramento, CA 95838
Robla


HIGHLIGHTS

  • Opportunity Zone
  • Completed Plans for 43 units with conditions of approval
  • Located in a high-density single-family neighborhood

OVERVIEW

Marcus & Millichap is pleased to present Robla Apartments, a 1.38-acre parcel of undeveloped land in North Sacramento, offered with approved plans for the construction of 43 multifamily units. Strategically positioned off two major thoroughfares (Rio Linda Boulevard and Marysville Boulevard), this site provides a compelling opportunity to acquire an Opportunity Zone site located in a supply-constrained market predominantly characterized by single-family residential neighborhoods. Situated directly across from Robla Elementary School and just minutes from Rio Linda High School, the project is ideally located to meet the growing demand for multifamily housing among local families. With conditions of approval already in place, this development offers investors a viable solution to deliver much-needed residential inventory to a community experiencing limited rental supply.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/ACRE

$723,911/AC

PRICE/SF

$17 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Planned Unit Development

LAND ACRES

1.38 AC

LAND SF

60,113 SF

OFFSITE IMPROVEMENTS

-

ZONING

C-1-R

APN/PARCEL ID

226-0062-013

ASK ABOUT THIS PROPERTY

Ilya PigmanMarcus & MillichapMore Info
925-878-1218

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Ilya PigmanMarcus & MillichapMore Info
925-878-1218

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.