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9055 Gerber Rd
Sacramento, CA 95829
Land For Sale
·
9.39 AC
Investment Highlights
- 9.39 Acre Entitled Multifamily Development
- Potential to increase zoning to RD-40
- 132 Units Proposed
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $7,400,000 | Lot Size | 9.39 AC |
| Price Per AC | $788,072.42 |
| Price | $7,400,000 |
| Price Per AC | $788,072.42 |
| Lot Size | 9.39 AC |
9055 Gerber Road is a 9.39-acre entitled multifamily development site situated in one of Sacramento County's fastest-growing residential submarkets. The parcel is fully entitled and permit-ready under current RD-20 zoning, supporting 132 units.
Description
9055 Gerber Road is a 9.39-acre entitled multifamily development site situated in one of Sacramento County's fastest-growing residential submarkets. The parcel is fully entitled and permit-ready under current RD-20 zoning, supporting 132 apartment units. The property is located within a federally designated Opportunity Zone (TCJA 2017), providing significant capital gains tax deferral and potential exclusion benefits for qualifying investors. For developers seeking even greater density, the site has a demonstrated path to rezoning under RD-40, which would permit up to 336 units. Seller's offering at $7,400,000 equates to $56,061 per entitled unit on the base 132-unit program — a compelling entry point relative to comparable entitled sites in the Sacramento region.
Property Taxes
| Parcel Number | 065-0080-057 | Improvements Assessment | $0 |
| Land Assessment | $1,910,492 | Total Assessment | $1,910,492 |
Property Taxes
