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Gerber Road

Sacramento, CA 95829
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SqFt409,028.40

Sqft(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 lectric vehicle charging stations, all designed to promote community, comfort, and convenience. The rooftop will offer social spaces with seating areas, dining options, and private cabanas, while the clubhouse will provide a fitness center, conference rooms, a convenience market, and leisure areas.

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Detail Ic Property Details

Property Type : Land

Price : $14,750,000

AD Id : 59020817

MLS Id : 224097682

Lot Size : 409,028.40 Sqft(Lot)

County : Sacramento

  • Map Map

Map

Feature Features

  • Water/Sewer

    Sewer: Sewer Available
  • Heating & Cooling

    WaterSource: Public

  • Road Types

    Paved
    County Road

  • 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: Level

    Property 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 Remarks

    Farm Info

    Irrigation Source: None

  • Listing Price Information

    Listing Id: 224097682 List Price: $14,750,000

  • Tax Information

    Parcel Number: 065-0080-057-000

  • Elementary School District: Elk Grove Unified
    Junior High School District: Elk Grove Unified
    Senior High School District: Elk Grove Unified
  • 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.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Knox Road, Sacramento, CA, 95829 $1,900,000 -- -- -- Acres (Lot)--
Florin Road, Sacramento, CA, 95829 $1,700,000 -- -- -- 411,642 Sqft(Lot)
Florin Road, Sacramento, CA, 95829 $1,800,000 -- -- -- Acres (Lot)--
Gerber Road, Sacramento, CA, 95829 $399,000 -- -- -- Acres (Lot)--
Calvine Road, Sacramento, CA, 95829 $999,950 -- -- -- Acres (Lot)--
Gerber Road, Sacramento, CA, 95829 $540,000 -- -- -- Acres (Lot)--
Florin Road, Sacramento, CA, 95829 $2,700,000 -- -- -- Acres (Lot)--
Gerber Road, Sacramento, CA, 95829 $935,000 -- -- -- 432,986.40 Sqft(Lot)
Elder Creek Road, Sacramento, CA, 95829 $11,000,000 -- -- -- Acres (Lot)--
Heatherpace Lane, Sacramento, CA, 95829 $3,250,000 -- -- -- Acres (Lot)--

ByOwner last updated this listing 06/07/2026 @ 03:56

MLS: 224097682 LISTED BY: Steve Carpenter, Windermere Signature Properties Rocklin SOURCE: MLS Metrolist

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