Skip to main content

Single-Family

5429 Marconi Ave. Land

5429 Marconi Ave, Carmichael, CA 95608

Listing Price: $1,375,000

Lot Size
2.30 acres
Price/Acre
$597,826
Land Type
Land
Buildable Square Feet
100,187

Investment Overview

Marcus & Millichap is pleased exclusively list 5429 Marconi Avenue, a 2.3-acre land parcel zoned for a multifamily redevelopment located in the heart of Carmichael California, an affluent suburb of Sacramento. Although the property currently has an 1,102 square foot structure on the parcel, the plot of land has long been slotted for a multifamily development opportunity, the last of its kind on Marconi Avenue, a major east-west connector street of the Sacramento County suburbs. Due to the lack of available buildable inventory in the Arden-Arcade / Carmichael submarkets, an apartment build would be the newest of it's kind spanning two decades. Modern floorplans and finishes would separate the prospectus among it's immediate competitors. As new builds compete with eachother in downtown Sacramento, Roseville, and Folsom where buildable parcels are of a plenty, the 5429 Marconi Avenue infill project provides a one of a kind opportunity with no competition in the immediate proximity. Please schedule all tours through the listing agent.

Investment Highlights

  • Last Buildable Parcel on Marconi Avenue
  • RD-40 Zoning - Ready for Multifamily Build
  • Located in the Heart of Carmichael, California

Exclusively Listed By

Single-Family

5429 Marconi Ave. Land

Listing Price: $1,375,000

Lot Size
2.30 acres
Price/Acre
$597,826
Land Type
Land
Buildable Square Feet
100,187

Investment Highlights

  • Last Buildable Parcel on Marconi Avenue
  • RD-40 Zoning - Ready for Multifamily Build
  • Located in the Heart of Carmichael, California

Investment Overview

Marcus & Millichap is pleased exclusively list 5429 Marconi Avenue, a 2.3-acre land parcel zoned for a multifamily redevelopment located in the heart of Carmichael California, an affluent suburb of Sacramento. Although the property currently has an 1,102 square foot structure on the parcel, the plot of land has long been slotted for a multifamily development opportunity, the last of its kind on Marconi Avenue, a major east-west connector street of the Sacramento County suburbs. Due to the lack of available buildable inventory in the Arden-Arcade / Carmichael submarkets, an apartment build would be the newest of it's kind spanning two decades. Modern floorplans and finishes would separate the prospectus among it's immediate competitors. As new builds compete with eachother in downtown Sacramento, Roseville, and Folsom where buildable parcels are of a plenty, the 5429 Marconi Avenue infill project provides a one of a kind opportunity with no competition in the immediate proximity. Please schedule all tours through the listing agent.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower