UNDIVIDED ONE-HALF INTEREST IN A ± ACRE PARCEL

Transcription

1 FOR SALE UNDIVIDED ONE-HALF INTEREST IN A ADJACENT TO THE SACRAMENTO INTERNATIONAL AIRPORT, SACRAMENTO, CA CONTACT US RANDY GRIMSMAN Senior Vice President Lic randall.grimsman@cbre.com CBRE, Inc. 500 Capitol Mall, Suite 2400 Sacramento, CA Lone Tree Rd SITE ± ACRES W Elverta Rd

2 INVESTMENT OPPORTUNITY CBRE is pleased to offer the opportunity to purchase an undivided one-half interest in a ± acre parcel adjacent to the Sacramento International Airport in Sacramento, CA. PROPERTY DESCRIPTION Location: Size: Zoning: NEC of Elverta Road and Lone Tree Road, Sacramento County, CA ± Acres - Undivided One-half Interest AG-80 (Agricultural, 80 acre minimum). This agricultural extensive zone permits one single family residence per parcel as well as all agricultural uses. APN: Water: Natomas Central Mutual Water Company Current Use: Rice Flood Zoning: A (Inundated by 100-year flooding). The Natomas basin is surrounded by two rivers, two canals and 42 miles of levees. For many years, this area was one of the hottest selling areas in the Sacramento region. Then in December 2008, concerned about flooding issues, the Federal Emergency Management Agency (FEMA) brought everything to a halt. Finally, after seven years, FEMA approved a new flood zone status for the area in June 2015 which allowed the City of Sacramento to lift the building moratorium. Once again, North Natomas is expected to be a hotbed of development activity. NORTH NATOMAS North Natomas is centrally located in close proximity to all the major freeways that run through the Sacramento area (Interstate 80, Interstate 5, Highway 99 and Highway 50). Its close proximity to downtown Sacramento, employment centers, the Sacramento International Airport, and historic Old Sacramento on the Sacramento River makes it an ideal location to live. Lake Tahoe, Reno, and the San Francisco Bay Area are only 2-hour drives from North Natomas, while the Napa Valley wine country is about an hour away. Primarily because of its proximity to the Sacramento and American Rivers, Natomas is one of the last areas in the city of Sacramento to be fully developed. Natomas did see major residential development in 1990s and early 2000s and it was one of the hottest building areas prior to the recession. The latest U.S. Census data indicates that the Natomas area includes more than 90,000 residents. Currently, this area has more than 2.8 million square feet of local-serving retail plazas and large regional retail centers. The area also has a predominance of large business and office parks, education facilities and other organizations that make Natomas an ideal location for future employment, residential growth and mixed use development. SALE PRICE $1,290,000 ($15,000 per Acre)

3 2015 Google SUTTER COUNTY PLACER COUNTY ± AC PARCEL W Elverta Rd Teal Bend Golf Club Sacramento International Airport Metro Air Park McClellan YOLO COUNTY Sleep Train Arena

4 MAP UNIT LEGEND CUSTOM SOIL RESOURCE REPORT Sacramento County, California (CA067) Map Unit Symbol Map Unit Name Acres in AOI Percent of AOI 115 Clear Lake clay, hardpan substratum, drained, 0 to 1 percent slopes 151 Galt clay, leveled, 0 to 1 percent slopes % % ' 42'' W Totals for Area of Interest % ' 21'' N ' 41'' W ' 21'' N 38 42' 50'' N ' 50'' N ' 42'' W N Map Scale: 1:6,740 if printed on A landscape (11" x 8.5") sheet. Meters Feet Map projection: Web Mercator Corner coordinates: WGS84 Edge tics: UTM Zone 10N WGS84 SOURCE: USDA; ' 41'' W

5 PARCEL MAP SITE ± ACRES NOT TO SCALE ALL DIMENSIONS ARE APPROXIMATE CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited

6 DRIVING DIRECTIONS + + Interstate 5/State Highway 99 N + + Keep right on CA-99 N + + Exit 309 for Elverta Road + + Left on Elverta Road + + Right on Lone Tree Road CONTACT US RANDY GRIMSMAN Senior Vice President Lic randall.grimsman@cbre.com MAP NOT TO SCALE