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7400 Shasta Avenue

Elk Grove, CA 95758

– beds
– baths
– sqft
~6 acre lot
– on site

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

Listing courtesy of METROLIST / Statewide Realty & Mortgage

Last checked: Checking… • Last updated Feb 23, 2025 •

MLS# 224055000 —

The Building

Construction Materials:

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Structure Type:

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Subtype Description:

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Levels:

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Upper Level:

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Main Level:

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Lower Level:

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Roof:

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Basement:

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Foundation Details:

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Building Features:

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Exterior Features:

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Window Features:

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Patio And Porch Features:

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Interior

Interior Features:

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Flooring:

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Fireplace Features:

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Laundry Features:

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Financial & Terms

Lease Type:

Net
Lease Info:

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Pets Allowed:

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Location

Directions:

corner of shasta and bruceville

The Property

Parcel Number:

117-0202-042-0000
Property Type:

Land
Property Subtype:

Residential Acreage
Property Condition:

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Lot Features:

Corner, Sidewalk(s), Street Light(s)
Lot Features:

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Lot Size Acres:

5.98
Lot Size Square Feet:

260489.0
Lot Size Units:

Acres
Lot Size Source:

Assessor Auto-Fill
Land Lease:

false
View:

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Zoning:

permit for 216 apartments
Zoning Description:

Commercial,Residential,Single-Family,Multi-Residential
Topography:

Mostly Level,Mostly Level
Current Use:

Vacant, Other
Current Use:

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Possible Use:

Residential, Single Family
Possible Use:

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Vegetation:

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Vegetation:

None
Fencing:

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Horse:

false
Horse Amenities:

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Crops:

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Crops:

None
Soil:

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Soil:

Unknown
Land Use:

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Irrigation Source:

None
Frontage Type:

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Road Surface Type:

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Road Frontage Type:

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Road Frontage Type:

City Street
Road Responsibility:

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Driveway Sidewalks:

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Listing Agent

Contact info:

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

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Cooling:

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Utilities

Utilities:

Public, Other
Utilities:

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Electric:

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Sewer:

Public Sewer
Sewer:

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Water Source:

Public
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Appliances

Appliances:

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Schools

Elementary School District:

Sacramento Unified
Middle Or Junior School District:

Sacramento Unified
High School District:

Sacramento Unified

The Community

Senior Community:

false
Community Features:

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Spa:

false
Spa Features:

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Pool Private:

false
Pool Features:

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Association Amenities:

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Association:

false
Development Status:

Raw Land, Site Plan Approved, Site Plan Filed, Subdivision Possible
Association Fee Includes@odata.type

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Parking

Parking Type:

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Parking Access:

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Parking Features:

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Extra Units

Unit 1 Type:

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Unit 4 Type:

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Other Units:

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Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/29/25 Jan 29, 2025	Listed / Active	METROLIST	$7,400,000	37.0%
11/2/24 Nov 2, 2024	Delisted / Withdrawn	METROLIST	$5,400,000
10/23/24 Oct 23, 2024	Pending	METROLIST	$5,400,000

Plot of land For Sale

$7,400,000

Listing provided by broker:

Amardeep Singh

Statewide Realty & Mortgage

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Similar sold homes

This plot of land located in Southwestern Sacramento, Sacramento, CA 95758 is currently for sale for $7,400,000. 7400 Shasta Avenue is a – square foot plot of land with – beds and – baths that has been on Estately for 254 days. 7400 Shasta Avenue is in the Southwestern Sacramento neighborhood of Sacramento and has a WalkScore® of 39, making it car-dependent. This plot of land is in the attendance area of Edward Harris, Jr. Middle School, Irene B. West Elementary School, and Monterey Trail High School.

Listing courtesy of Statewide Realty & Mortgage

Terms of service, data current as of 1:40pm on Feb 23.

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