11650 Douglas rd - Commercial LAND FOR SALE


Rancho Cordova, CA 95742 190,793 SF
$3,000,000 USD
415-312-7706
11650 Douglas rd, Rancho Cordova, CA for Sale
$3,000,000 USD
Commercial LAND - FOR SALE
1/14
190,793 SF

11650 Douglas rd
Rancho Cordova, CA 95742


HIGHLIGHTS

  • Super Hot Corner of Douglas & Sunrise
  • 4.38-Acre Site Entitled for 120-Unit Tri-Level Apartment Complex
  • Super Hot Location Surrounded by Explosive Growth & Development

OVERVIEW

Global I.N. Inc is pleased to present the opportunity to acquire a 4.38-acre site located at 11650 Douglas Road in Rancho Cordova, CA. The property has been entitled for a 120-unit apartment complex featuring eleven 3-story apartment buildings. There are 78 one-bedroom units, 18 two-bedroom units and 24 three-bedroom units. Plans also include a 1,280 sq. ft. clubhouse that features a lounge, fitness center, an office, and restrooms. Adjacent to the clubhouse building is a 990 sq. ft. outdoor, fenced-in pool area for residents. A playground has also been incorporated into the project site. The project also includes 186 parking spaces and a total of 29 short and long term bicycle parking spaces. A large shopping center, anchored by Raley’s grocery store is a short walk to the east of the project site. The intersection of Sunrise Boulevard and Douglas Road is an affluent high traffic area, with Sunrise Boulevard expanded to six lanes and Douglas Road to five lanes. The site is adjacent to Sacramento’s #1 employment center, Prospect Park, which employs approximately 87,000 people and contains approximately 45 million square feet of commercial space. It is also surrounded by over 35,000 new homes.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/ACRE

$684,931/AC

PRICE/SF

$16 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

4.38 AC

LAND SF

190,793 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Irrigation

ZONING

cg

APN/PARCEL ID

067-0030-079

ASK ABOUT THIS PROPERTY

Mike WahbaGlobal I. N. Inc.More Info
415-312-7706

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Mike WahbaGlobal I. N. Inc.More Info
415-312-7706

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.