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$15,750,000
94 Days On Site

9055 Gerber Road
Sacramento, CA 95829

For Sale|Land|Active
County:
Sacramento
Call Now: 916-476-5696
Is this the home for you? We can help make it yours.
916-476-5696
9055 Gerber Road9055 Gerber Road9055 Gerber Road9055 Gerber Road
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Monthly Payment (Est.)

$71,858
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Introducing a shovel-ready ready development opportunity of a modern multifamily apartment complex in the path of development! This is the only multi-family project of significance in the area and it can start in 2025! The project is set on a 9.39-acre site with 6.6 acres utilized for 132 units in Phase One under the RD-20 zoning regulations. When completed, this four-story development will feature 336 one-bedroom and two-bedroom units equipped with premium amenities. The property is located in an Opportunity Zone under the Tax Cuts and Jobs Act of 2017, and all rents would be at market rate with no affordability required units! Residents will enjoy a resort-style pool, bocce and pickleball courts, BBQ spaces, and electric vehicle charging stations, all designed to promote community, comfort, and convenience. The rooftop will offer social spaces with seating areas, dining options, and private cabanas, while the clubhouse will provide a fitness center, conference rooms, a convenience market, and leisure areas.

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Listing Snapshot
Price 
$15,750,000
Days On Site 
94 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
9.39 Acres
Year Built 
N/A
MLS® Number 
224097682
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
9.39
Additional Property Use 
Vacant
Cross Street 
Cork Tree Lane
Water Source 
Public
Zoning 
RD-20 to RD-40
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Exterior Features
Lot Features 
LevelSee Remarks
Other Structures 
None
Road Frontage 
County Road
Community Features
Financing Terms Available 
CashConventionalOwner May Carry
MLS Area 
10829
Roads 
Paved
School District 
Sacramento
Schools
School District
Sacramento
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Windermere Signature Properties Rocklin



All measurements and all calculations of the area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify the accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList® may not reflect all real estate activity in the market. All real estate content on this site is subject to the Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination. Terms of Use
Information last updated 2024-10-29 05:00 PM PDT

Neighborhood & Commute
Source: Walkscore
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