Residential Land for Sale in Sacramento, California

9055 Gerber Rd Sacramento, CA 95829

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$15,750,000
9.39 acres
Active sale agoEst $112,886/mo

Introducing a permit ready development opportunity of a modern multifamily apartment complex at 9055 Gerber Road, Sacramento. 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, including elevators, bike storage, a yoga and spin studio, theater, and co-working spaces. 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. Residents will also 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 property is located in an Opportunity Zone under the Tax Cuts and Jobs Act of 2017. The project will transform a vacant, underutilized parcel into a vibrant, landscaped community, enhancing the local area with a thoughtful design featuring brick veneer, mixed siding, and two-toned stucco. It will meet RD-40 zoning requirements, capitalizing on the location's potential with sustainable, all-electric units and assigned parking.

Directions

Seven miles south of downtown Sacramento on Hwy 99 to the Mack Road exit; East over the Hwy to a Left at the first intersection onto Stockton Blvd; 0.5 miles to a Right onto Gerber Road; approximately three miles to the property on the left.

Property details

Coordinates
38.4826, -121.3637
Zoning
RD-20 and RD-40
Legal Access
Public road
Showing
Go on your own
Date Posted

This 9.39-acre property is located at 9055 Gerber Rd in Sacramento, CA 95829 with latitude 38.4826 and longitude -121.3637. The property is currently available for sale for $15,750,000 with a price per acre of $1,677,316.

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Updated . Checked 2 hours ago. Parcel data by Regrid.

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