7400 Shasta Avenue, Elk Grove, CA 95758

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
7400 Shasta Avenue,Elk Grove, CA 95758
$7,400,000
  • 5.98 Acres
  • Lots / Land
  • Active
Listed by:amardeep singh
Office:statewide realty & mortgage
MLS#:224055000
Source:MFMLS

Price summary

  • Price:$7,400,000

About this home

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 -

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Home facts

  • Listing Id #:224055000
  • Added:449 day(s) ago
  • Updated:August 15, 2025 at 02:44 PM

Structure and exterior

  • Lot area:5.98 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$7,400,000
MLS LogoMetroList MLS 2025. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: August 15, 2025. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.