Residential & Commercial Use Land in Carmichael CA 95608
Live/work from this property with SPA Residential & Commercial Zoning
Marketing description
Unique property for sale in the Carmichael Colony Neighborhood! Sitting on a 0.35 Acre lot, 3244 Panama Ave offers two preexisting slab foundations with access to utilities. APPROVED PERMITS & PLANS for a NEW BUILD 3-bed, 2-bath, 1,700 sqft single-family residence is available upon request. Seller considers no actual value to the physical home itself. Fast commuter access to Fair Oaks, Folsom, Downtown Sacramento, and El Dorado Hills. As per Sacramento County the lot is zoned as Special Planning Area Zoning (SPA) Residential and Commercial use. Including but not limited to: multi-unit housing, warehouse, rehab centers, residential care facilities, vocational schools, churches, and Live-work properties. Also Enjoy the perks of being near Riverside Golf Course, Ancil Hoffman Nature Center, The American River Parkway, Pavilions Shopping Center, Arden Fair Mall, International dining, and a highly rated International Baccalaureate school. **Sellers prefers to sell 3244 Panama Ave with 3252 Panama Ave. Carmichael, CA 95608, an extra 0.36 acre lot. Totaling approximately 30,863 square feet (0.71 acres). Prospective buyers and buyer agent to verify all information.
*** Submit offers to [email protected]
$580,000 (Asking Price)
3244 Panama Ave, Carmichael, CA 95608 & 3252 Panama Ave. Carmichael, CA 95608*
Investment highlights
Plenty of nearby amenities & shopping include: Ancil Hoffman Nature Center, Costco Wholesale, Carmichael’s Farmer’s Market, Rancho Cordova Town Center, Arden Plaza Shopping Center, Gold River Town Center, The American River Parkway, and the Riverside Golf Course.
Investor Opportunity: Mixed-Use Land in the South of Carmichael
Zoning: Residential Mixed Use (SPA Zoning)
Development Potential: 7 to 17 dwelling units
Nearby Arden Arcade, Citrus Heights, Fair Oaks, and Rancho Cordova
Land lies within the boundary of a highly regarded public school system, including Mary Deterding Elementary-- a feeder school into the prestigious International Baccalaureate program.
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