$6,999,000

7400 Shasta Ave, Elk Grove, CA 95758

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5.98 acres · 260,489 sqft · $1,170,401/acre

Land · Zoned permit for 216 apartments · 185 days on Properkey

Description

5.98-acre parcel of land that presents an exceptional opportunity for both residential and commercial development. Situated strategically between Sacramento and Elk Grove, this property is zoned for Residential and Residential Acreage, providing flexibility for a range of projects. Permit for 216 apartments by Sacramento City. Some key highlights of the property include: -Ideal for townhomes, apartment complexes, single family dwelling -Opposite the property is Cosumnes River College, a significant institution that could potentially complement certain types of developments. -The area boasts a population of 52,000 households with a median income of $84,827, indicating a strong market demand for various types of properties. -Easy access to major freeways, Sacramento International Airport, rail lines, and two ports, making it a hub for seamless connectivity. There is no CEQA requirement as it is an infill parcel, streamlining the development process. 2 lots - 2 APN - selling together or separate 2.84 acre - $2,840,000.00 APN/Parcel ID 117-0202-041 5.98 acre $7,440,000.00; APN/Parcel ID 117-0202-042

Agent & source

Listed by
Amardeep Singh
Brokerage
Statewide Realty & Mortgage
DRE
#01357217
Email
[email protected]
MLS # 224055000 Source MetroList Services

Property details

Property Features

Current Use
Vacant, Other
Possible Use
Residential, Single Family
Lot features
Corner, Sidewalk(s), Street Light(s)
Road
City Street
Topography
Mostly Level

Utilities

Water Source
Public
Sewer
Public Sewer
Public, Other

Nearby

Active Pending Closed Rental
Elementary
Sacramento Unified District
Middle
Sacramento Unified District
High
Sacramento Unified District

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Data last updated: October 25, 2026 2:09 PM PT
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