See all 5 photos
5 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,700,000
Est. payment /mo
4.24 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82059892
HOA Y/N No
Lot Size 4.240 Acres
Property Description
8452 Madison Avenue is a +/-4.24-acre residential development site in Fair Oaks. The site has frontage and access from Madison Avenue, one of the major surface streets in the area. Currently zoned RD-3, the site can potentially be re-zoned to allow development with single-family residential uses up to 10 units per acre. There is one active new home project in Fair Oaks and one development that recently sold out. Fetz Estates is a custom home development with only 12 lots. Homes in this community start at $1.2 million. The Heritage at Gum Ranch is a 251-home development that recently sold out. Recent sales in this community start in the low $800,000s, with some homes selling in the mid-$900,000 range. The subject property is less than ten minutes drive to several major shopping centers. Target, Walmart, Raleys, Safeway, Trader Joes, Grocery Outlet and WinCo Foods are all nearby. Additionally, there are dozens of restaurants, shops, and service businesses in the neighborhood.
Location
State CA
County Sacramento
Area 699 - Not Defined
Zoning RD-3
Interior
Fireplace No
Exterior
Fence None
View Y/N No
Present Use Residential,Single Family
Building
Sewer Public Sewer
Schools
Elementary Schools Other
High Schools Other
School District Other
Others
Tax ID 24901500040000
Special Listing Condition Standard
Read Less Info
Listed by Joshua Johnson Marcus & Millichap #01930127
GET MORE INFORMATION
Have a question? Send us a message and we'll get back to you shortly.