Multi-Family
9204 Florin Rd
9204 Florin Rd, Sacramento, CA 95829
Listing Price: $525,000
Investment Overview
9204 Florin Rd is an exceptional land development opportunity located in the the thriving city of Sacramento, CA. Situated on a 34,414 square foot parcel of land, the subject property is currently zoned AR-10 designed to accommodate low density single family development. In addition to single family development, AR-10 zoning also allows for the keeping of animals and raising of crops for educational, recreational, or income purposes. AR-10 zoning offers less restricted uses that AR-5, AR-2, and AR-1 zoning. The property currently consists of three separate residential units and a storage unit. The property is occupied by a tenant with a month to month lease who can be removed with proper notice for new development. 9204 Florin Rd is located on the eastern outskirts of Sacramento between Highway 99 and Jackson Road. Sacramento is the capital California known for it's diverse economy featuring industries such as food tech, life sciences, future mobility, semiconductors, advanced manufacturing, and healthcare. Sacramento is also the main city connecting the Reno-Tahoe area to the Bay making it a natural hub for transportation, warehouse, and logistics markets. The investment appeal of this asset is driven by Sacramento's diverse economy, and strong transportation corridors. With a world class location on the outskirts of Sacramento, 9204 Florin Rd is an attractive investment opportunity for residential developers.
9204 Florin Rd
Investment Highlights
- Exceptional Sacramento Development Opportunity - Investors have the opportunity to acquire an exceptional residential development opportunity in the thriving city of Sacramento, CA
- AR-10 Zoning - The subject property is currently zoned AR-10 designed to accommodate low density single family development
- The subject property is located on the eastern outskirts of Sacramento, providing quick access to the diverse employment opportunities and major transportation corridors of Sacramento
- Current MTM Leases Offer Bridge Income - 9204 Florin Rd's is currently occupied with a tenant in month to month lease providing a convenient income stream while the owner gains the permits necessary for development
Exclusively Listed By
Listing Price: $525,000
Investment Highlights
- Exceptional Sacramento Development Opportunity - Investors have the opportunity to acquire an exceptional residential development opportunity in the thriving city of Sacramento, CA
- AR-10 Zoning - The subject property is currently zoned AR-10 designed to accommodate low density single family development
- The subject property is located on the eastern outskirts of Sacramento, providing quick access to the diverse employment opportunities and major transportation corridors of Sacramento
- Current MTM Leases Offer Bridge Income - 9204 Florin Rd's is currently occupied with a tenant in month to month lease providing a convenient income stream while the owner gains the permits necessary for development
Investment Overview
9204 Florin Rd is an exceptional land development opportunity located in the the thriving city of Sacramento, CA. Situated on a 34,414 square foot parcel of land, the subject property is currently zoned AR-10 designed to accommodate low density single family development. In addition to single family development, AR-10 zoning also allows for the keeping of animals and raising of crops for educational, recreational, or income purposes. AR-10 zoning offers less restricted uses that AR-5, AR-2, and AR-1 zoning. The property currently consists of three separate residential units and a storage unit. The property is occupied by a tenant with a month to month lease who can be removed with proper notice for new development. 9204 Florin Rd is located on the eastern outskirts of Sacramento between Highway 99 and Jackson Road. Sacramento is the capital California known for it's diverse economy featuring industries such as food tech, life sciences, future mobility, semiconductors, advanced manufacturing, and healthcare. Sacramento is also the main city connecting the Reno-Tahoe area to the Bay making it a natural hub for transportation, warehouse, and logistics markets. The investment appeal of this asset is driven by Sacramento's diverse economy, and strong transportation corridors. With a world class location on the outskirts of Sacramento, 9204 Florin Rd is an attractive investment opportunity for residential developers.
Exclusively Listed By
