Gerber Road
Sacramento, CA 95829
409,028.40Sqft(Lot)
REDUCED by $1,000,000 and possible joint venture or Seller financing too!! Introducing a shovel-ready ready development opportunity of a modern multifamily apartment complex in the path of development! This is the only multi-family project of significance in the area and it can start in 2025! The project is set on a 9.39-acre site with 6.6 acres utilized for 132 units in Phase One under the RD-20 zoning regulations. When completed, this four-story development will feature 336 one-bedroom and two-bedroom units equipped with premium amenities. The property is located in an Opportunity Zone under the Tax Cuts and Jobs Act of 2017, and all rents would be at market rate with no affordability required units! Residents will enjoy a resort-style pool, bocce and pickleball courts, BBQ spaces, and e
Property Details
Map
Map
Features
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Water/Sewer
Sewer: Sewer Available -
Heating & Cooling
WaterSource: Public
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Road Types
PavedCounty Road
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Lot Information
Lot Dimensions: 660' x 620' Lot Description: Public Trans Nearby, Curb(s), Shape Regular, Sidewalk(s), See Remarks Lot Square Feet: 409,028 Topography: LevelProperty Information
Property Type: Land Sub Type: Residential Acreage Cross Street: Cork Tree Lane Source Neighborhood: 10829 Postal Code Plus 4: 1118 Area: Sacramento S: 95829 Zoning: Residential, Rezone Possible, Multi-Residential, See RemarksFarm Info
Irrigation Source: None
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Listing Price Information
Listing Id: 224097682 List Price: $14,750,000
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Tax Information
Parcel Number: 065-0080-057-000
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Elementary School District: Elk Grove UnifiedJunior High School District: Elk Grove UnifiedSenior High School District: Elk Grove Unified
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Utility Information
Public -
Location Information
Direction: Seven miles south of downtown Sacramento on Hwy 99 to the Mack Road exit; East over the Hwy to a Left at the first intersection onto Stockton Blvd; 0.5 miles to a Right onto Gerber Road; approximately three miles to the property on the left.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Gerber Road, Sacramento, CA, 95829 | $499,000 | -- | -- | -- | Acres (Lot)-- |
| Leland Avenue, Sacramento, CA, 95829 | $350,000 | -- | -- | -- | Acres (Lot)-- |
| Florin Road, Sacramento, CA, 95829 | $1,700,000 | -- | -- | -- | 411,642 Sqft(Lot) |
| Gerber Road, Sacramento, CA, 95829 | $399,000 | -- | -- | -- | Acres (Lot)-- |
| Gerber Road, Sacramento, CA, 95829 | $540,000 | -- | -- | -- | Acres (Lot)-- |
| Florin Road, Sacramento, CA, 95829 | $399,000 | -- | -- | -- | Acres (Lot)-- |
| Bar Du Lane, Sacramento, CA, 95829 | $599,000 | -- | -- | -- | Acres (Lot)-- |
| Florin Road, Sacramento, CA, 95829 | $1,700,000 | -- | -- | -- | Acres (Lot)-- |
| Carmencita Avenue, Sacramento, CA, 95829 | $165,000 | -- | -- | -- | Acres (Lot)-- |
| Bar Du Lane, Sacramento, CA, 95829 | $650,000 | -- | -- | -- | Acres (Lot)-- |
Similar Land To Gerber Road
Nearby For Sale
ByOwner last updated this listing 07/23/2026 @ 10:27
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