Live Oak | Galt, CA 95632
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- LoopNet Team
Live Oak
Galt, CA 95632
50 acres Residential land · Land For Sale
·
50.00 AC
Investment Highlights
- existing home already surround the property
- Area has low crime, and it is very quiet
Property Facts
| Property Type | Land | Total Lot Size | 50.00 AC |
| Property Subtype | Commercial | Cross Streets | Sargent Ave |
| Proposed Use | Single Family Development | ||
| Zoning | Residential/AGR | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Single Family Development |
| Total Lot Size | 50.00 AC |
| Cross Streets | Sargent Ave |
| Zoning | Residential/AGR |
Description
The property is zoned Sacramento County Residential and agricultural land. 15 acres is being used as a dairy with four homes leased at $4340/month on a year to year basis. The remaining open space is leased for corn or crops. The highest and best use is to complete the plat map and develop into 24 (2 acre) home lots. Lots sell for $300k and the homes in the area are $1 million to $1.4. There is tremendous upside to develop this land as numerous similar plans have succeeded.
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