3252 Panama AVE Active Save Request In-Person Tour Request Virtual Tour
Carmichael,CA 95608
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225075194
HOA Y/N No
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Residential Lot
Source MLS Metrolist
Property Description
Investor Opportunity: Mixed-Use Development in the Heart of Carmichael Zoning: Residential Mixed Use (SPA Zoning) Lot Size: 0.36 acres Development Potential: 7 to 17 dwelling units. This is a rare opportunity to acquire flat secluded land on a Cul-De-Sac in one of Carmichael's most desirable neighborhoods. Zoned Residential Mixed Use under SPA (Special Planning Area) guidelines, this property offers a level of flexibility not available under standard zoning. SPA zoning allows for a combination of residential, commercial, and light industrial development, making it ideal for investors looking to create high-yield, multi-purpose projects. Situated near Fair Oaks, the American River, Riverside Golf Course, and the Ancil Hoffman Nature Center, the property is surrounded by established amenities and natural beauty. It also lies within the boundaries of a highly regarded public school system, including close proximity to a conveniently located school for K-6 in Mary Deterding Elementary, which is a feeder school into the prestigious International Baccalaureate program. There is also a sister lot for sale right next to this lot. Acquiring both lots offers the chance to significantly crease your development footprint and potential return.
Location
State CA
County Sacramento
Area 10608
Zoning SPA
Direction Use GPS. GO DIRECT Once arrived you will be able to see the first lot in front of the gate which has the single family house attached, that is 3244 Panama Ave. Also for sale. The vacant lot 3252 Panama Ave is the following lot that faces the back fence and the giant tree that essentially acts as marker for Separating both lots apart.
Exterior
Fence None
Community Features Golf,Greenbelt
Utilities Available See Remarks
Water Access Desc See Remarks
Topography Level
Street Surface Paved
Road Frontage Private Road,Easement,See Remarks
Building
Lot Description Cul-De-Sac,Secluded
Sewer See Remarks
Water See Remarks
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 273-0301-018-000
Special Listing Condition Offer As Is,None