$290,000
$485,000
40.2%For more information regarding the value of a property, please contact us for a free consultation.
8700 Madison AVE Fair Oaks, CA 95628
0.81 Acres Lot
Key Details
Sold Price $290,000
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 223107454
Sold Date 04/23/24
HOA Y/N No
Lot Size 0.811 Acres
Acres 0.8106
Property Sub-Type Residential Lot
Source MLS Metrolist
Property Description
You can develop 1 single family or 1 duplex on this 0.81 acre of a property. In order to develop a multifamily project on this site, you would need to rezone the property to at least RD-10. This would require a Rezone (RZB) and a Use Permit (UPZ). If the property is developed with a duplex, you would then also be able to build 2 ADUs on the site for a maximum of 4 units. The property is conveniently located just minutes away from countless retail amenities, eateries, shopping, and new construction homes. The potential development opportunities, include commercial, residential single-family, multi-family housing, and more.The property has approved plans by Fair Oaks Community planning for 7500sqft office building by William & Padden.
Location
State CA
County Sacramento
Area 10628
Zoning RD-5
Direction South East corner of Madison & Illinois, Fair Oaks
Exterior
Utilities Available Other
Water Access Desc Public
Topography Level
Road Frontage County Road
Building
Lot Description See Remarks
Sewer Public Sewer
Water Public
Schools
Elementary Schools San Juan Unified
Middle Schools San Juan Unified
High Schools San Juan Unified
School District Sacramento
Others
Senior Community No
Tax ID 253-0310-043-000
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with eXp Realty of California, Inc
Caleb & Valerie The Core Team
Real Estate Specialists | License ID: 02013824 02069389