4725 Chippendale DrSacramento, CA 95841

  • Land
  • 1.74 AC
For Sale
$1,350,000 View listing

Property Details for 4725 Chippendale Dr

Lot size
1.74 AC
Zone code
LC
Property type
Land
Property subtype
Commercial land
APN
228-0151-033-0000
APU
22801510330000

Description

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.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,486,785
    Hospitality
    $10,521,833
    Educational
    $8,754,042
    Medical
    $9,055,107
    Retail
    $13,617,398
4725 Chippendale Dr, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.6632
Longitude
-121.354
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,946
$424,483
-
$424,483
-
-
-
-

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