11650 Douglas rd 4.38 Acres of Commercial Land Offered at $3,000,000 in Rancho Cordova, CA 95742

Global I.N. Inc is pleased to present the opportunity to acquire a 4.38-acre site located at 11650 Douglas Road in Rancho Cordova, CA. The property has been entitled for a 1144 -unit apartment complex featuring eleven 3-story apartment buildings. Plans also include a 1,280 sq. ft. clubhouse that features a lounge, fitness center, an office, and restrooms. Adjacent to the clubhouse building is a 990 sq. ft. outdoor, fenced-in pool area for residents. A playground has also been incorporated into the project site. The project includes 186 parking spaces and a total of 29 short and long term bicycle parking spaces. A large shopping center, anchored by Raley’s grocery store is a short walk to the east of the project site.
The intersection of Sunrise Boulevard and Douglas Road is an affluent high traffic area, with Sunrise Boulevard expanded to six lanes and Douglas Road to five lanes. The site is adjacent to Sacramento’s #1 employment center, Prospect Park, which employs approximately 87,000 people and contains approximately 45 million square feet of commercial space. It is also surrounded by over 35,000 new homes.