FOR SALE - Fair Oaks, California PROPERTY HIGHLIGHTS + Approximately 750 Feet of Greenback Lane Frontage + Easy Access to Interstate 80 and U.S. Hwy 50 + In-Fill Location in an Established Neighborhood + High Traffic Counts on a Signalized Intersection + Near Major Shopping and Services + Strong Demographics DEVELOPMENT POTENTIAL The property is surrounded by existing development in the established communities of Fair Oaks, Orangevale, Citrus Heights and Folsom. It is located near shopping and services, and is a short drive to Interstate 80 and U.S. Highway 50. The site also has immediate access off of Greenback Lane to major public transportation routes running throughout Sacramento. The parcel could potentially be developed in accordance with its current residential land use and zoning. Alternatively, new entitlements could be sought for a broad range of potential uses appropriate for a signalized corner location on a busy street. CONTACT US KRIS RILEY +1 916 781 4861 Kris.riley@cbre.com Lic. 01290492 PETER NIXON +1 916 781 4819 peternixon@cbre.com Lic. 00975548
FOR SALE FAIR OAKS, CALIFORNIA
FOR LEASE_CAPS SALE FAIR OAKS, STREET_CAPS CALIFORNIA ASKING PRICE: $750,000 (±$5.00/SF) SACRAMENTO COUNTY PARCEL NUMBER: 261-0020-026 (+/- 3.43 acres) SACRAMENTO COUNTY ZONING & GENERAL PLAN LAND USE Zoning: RD-2 Residential Density Two Dwelling Units Per Acre (Fair Oaks Community Plan) General Plan Land Use: Low Density Residential (1-12 du/ac) Mixed Use Corridor DEMOGRAPHICS: 3 Miles 5 Miles Population: 114,525 278,339 Avg. HH Income: $88,387 $92,074 Source: ESRI 2017 Estimates TRAFFIC VOLUMES: Greenback Lane at Kenneth Avenue: 31,915 (May 2016) Kenneth Avenue at Greenback Lane: 10,221 (May 2016) Source: County of Sacramento UTILITIES: Water 8 Water line in Kenneth Avenue* *Water service would require annexation into the Citrus Heights Water District Source: Citrus Heights Water District (916)725-6873 Sewer 6 Sewer line in Greenback Lane 6 Sewer line in Kenneth Avenue (just south of site) Source: Sacramento Area Sewer District (916)876-6013 BONDS AND ASSESSMENTS: Minimal Bonds and Assessments POTENTIAL USES* (PARTIAL LIST) + Assisted Living Facility + Daycare + Church + General Office + Medical/Dental Office + Public/Quasi Public Uses + Residential Development + Trade/Vocational School *Note: All uses are subject to County of Sacramento approvals. Many potential uses will require a rezone.
FOR LEASE_CAPS SALE FAIR OAKS, STREET_CAPS CALIFORNIA Location Map www.cbre.com
FOR LEASE_CAPS SALE FAIR OAKS, STREET_CAPS CALIFORNIA Parcel Map Please note: Tax Assessor acreages are approximate, and may vary from actual acreage as determined by a survey.
FOR LEASE_CAPS SALE FAIR OAKS, STREET_CAPS CALIFORNIA Zoning Map www.cbre.com
FOR SALE LEASE_CAPS Aerial Map SWC Greenback Lane & Kenneth Avenue STREET_CAPS FAIR OAKS, CALIFORNIA
FOR SALE FAIR OAKS, CALIFORNIA View From Northeast Corner of the Property CONTACT US KRIS RILEY +1 916 781 4861 Kris.riley@cbre.com Lic. 01290492 PETER NIXON +1 916 781 4819 peter.nixon@cbre.com Lic. 00975548 2017 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.