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0000 Ramona Avenue - Lot 1 0.79 Acres of Industrial Land Offered at $1,027,080 in Sacramento, CA 95826
Investment Highlights
- Located less than half a mile to Sacramento State University
- Surrounded by dense student housing
- Close proximity to strong commercial corridors
- Flexible MRD-SWR zoning
- Strong demographics and attractive traffic counts
Executive Summary
The Sullivan Group is pleased to offer a prime development opportunity: a 34,236 sf site on Ramona Ave,
just south of Folsom Blvd. With MRD-SWR zoning, this location is strategically positioned near student
housing and retail areas, making it ideal for future development. Leveraging the area's demographics and
economy in the growing Sacramento submarket, the property allows for various uses. Permitted uses
include light industrial, flex space, office, manufacturing, and research and development, with retail up to
40,000 SF permitted by right. Residential development is conditionally allowed, pending the provision of
necessary amenities to support the neighborhood.
just south of Folsom Blvd. With MRD-SWR zoning, this location is strategically positioned near student
housing and retail areas, making it ideal for future development. Leveraging the area's demographics and
economy in the growing Sacramento submarket, the property allows for various uses. Permitted uses
include light industrial, flex space, office, manufacturing, and research and development, with retail up to
40,000 SF permitted by right. Residential development is conditionally allowed, pending the provision of
necessary amenities to support the neighborhood.
Property Facts In Escrow
| Price | $1,027,080 | Property Subtype | Industrial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.79 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | MRD-SWR | ||
| Price | $1,027,080 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Commercial |
| Total Lot Size | 0.79 AC |
| Opportunity Zone |
Yes |
| Zoning | MRD-SWR |
1 Lot Available
Lot 1
| Price | $1,027,080 | Lot Size | 0.79 AC |
| Price Per AC | $1,306,800.69 |
| Price | $1,027,080 |
| Price Per AC | $1,306,800.69 |
| Lot Size | 0.79 AC |
34,236 sf site on Ramona Ave, just south of Folsom Blvd. With MRD-SWR zoning.
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 015-0033-009 | Improvements Assessment | $0 |
| Land Assessment | $127,505 | Total Assessment | $127,505 |
Property Taxes
Parcel Number
015-0033-009
Land Assessment
$127,505
Improvements Assessment
$0
Total Assessment
$127,505
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0000 Ramona Avenue - Lot 1
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