For Sale
$1,350,000

4725 Chippendale DrSacramento, CA 95841

Prime Sacramento development land, 1.75 acres, $1.35M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.75-acre commercial and residential land parcel, located at 4725 Chippendale Dr, Sacramento, CA 95841 (APN 228-0151-033), presents a compelling investment opportunity. Priced at $1,350,000 ($17.71/SF), this property is zoned LC, permitting up to 30 units per acre, potentially increasing to 40 units per acre if within a quarter-mile of a transit stop. Currently, the site is on the Affordable Housing Inventory, designated for 13 lower-income units, offering potential for density bonuses and development standard deviations for projects incorporating affordable housing. The site's convenient location near Interstate 80 and Madison Avenue, at the corner of Date Avenue and Chippendale Road, provides excellent access and visibility. A non-discretionary major design review is generally possible for multi-family projects meeting development standards. Beyond residential development, alternative uses include boat/RV storage, mini-storage, or office space. The area boasts abundant amenities, including Target, Smart & Final, various banks, and numerous fast-food restaurants. This property offers significant potential for developers seeking residential or mixed-use projects in a thriving Sacramento location.

Highlights

  • 13 Units of Affordable Housing Required
  • Residential Development Approved
  • 30 Units Per Acre Density (Existing)
  • Potential for Higher Density

Property Details for 4725 Chippendale Dr

Property type
Land
Lot Size (sq. ft)
76,230 SF

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.663274
Longitude
-121.354326
4725 Chippendale Dr, Sacramento, California

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4725 Chippendale Dr
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