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4725 CHIPPENDALE DR Sacramento CA 95841-2502

[Locked] • APN 22801510330000

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Details
Property Type Land
Sub Type Commercial
Building SqFt 76,230
Lot SqFt 75,794
Acreage ******
Sold Date ******
Sold Price ******
Sold Price per Acre ******
Zoning Code LC
Opportunity Zone No
Mortgage Amount ******
Interest Rate ******
Mortgage Recording Date ******
Lender Name ******
Sold Price/SqFt ******
Tax Year ******

Property History

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Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Ownership Rights Code
******
Document Type
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Recording Book
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Recording Page
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Resale Flag
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Sales Price Code
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Seller 1 Corp Indicator
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Transaction Type
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Seller 1 Name
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Transfer Tax
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Sold By
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Sold To
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Property Type
Property Type
Land
Property Subtype
Commercial, Residential
Marketing Description

Located just off Interstate 80 and Madison Avenue. Situated on the corner of Date Avenue and Chippendale Road, this 1.75 acres site is ready for development (commercial or residential).

This site is on the Affordable Housing Inventory for providing 13 lower income units.

The site has LC Zoning which permits development at 30 units per acre and if within ¼ mile of a transit stop this increases to 40 units per acre. (Currently the nearest transit stop is at Auburn and Madison, which is further than ¼ mile away.)

The current base density is 30 units per acre. If the end developer/applicant intends to provide affordable housing, one can apply for a density bonus for greater density and to deviate from some current development standards.

Generally, if the multi-family project complies with the development standards it can be reviewed as a non-discretionary major design review.

Possible additional uses include: Boat/RV storage, Mini-storage or office for any investor/user.

Amenity rich area offering a multitude of amenities including: Target, Smart & Final, Chase Bank, Chick-fil-A, In & Out Burger, Jack in the Box, Burger King, McDonald’s, Chipotle, Starbucks, Panda Express and IHOP.


Investment Highlights
  • On Affordable Housing Inventory (13 units required)
  • Residential (APPROVED)
  • 30 units per acre (current)
  • Higher Density Possible
Activated On
08/21/2020 22:15:31
Sold Price
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Description
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Marketing Description
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Marketing Description Text
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Investment Highlights
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Brokers
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Price/Sq Ft
******
Asking Price
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Asking Price Per Square Foot
******
Days on Market
******
Brokerage(s)
******
Property Type
Property Type
Land
Property Subtype
Commercial
Marketing Description
Located just off Interstate 80 and Madison Avenue.​ Situated on the corner of Date Avenue and Chippendale Road, this 1.75 acres site is ready for development.​ Possible uses include, Boat/RV storage, Mini-storage, Contractor yard or office for any investor/user.​ Amenity rich area offering a multitude of amenities including: Target, Smart & Final, Chase Bank, Chick-fil-A, In & Out Burger, Jack in the Box, Burger King, McDonald's, Chipotle, Starbucks, Panda Express and IHOP.
Investment Highlights
  • Development Oppertutniy
  • Strong location near I-80 and Madison Avenue
  • Area traffic counts north of 57,000 vehicles per day
  • Multitude of area retail amenities

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Sold on
 BY:
HC
Heath Charamuga PRO
•••.•••.3037
•eath@••••-•••.com
Brokerage logo
Sold on
 BY:
KM
Kindra Mertens
•••.•••.6143
••ndra@••••-•••.com
Brokerage logo
Sold on
 BY:
SL
Scott Laeber PRO
•••.•••.9384
•cott@••••-•••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Citrus Heights, CA.
Citrus Heights, CA median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Citrus Heights, CA (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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