76
FOR SUPPLEMENTAL INFORMATION CALL 1-800-845-3524
128
Academy Place Development Site, with Approval for Seven Homes
Sacramento, California
PUBLISHED RESERVE: $69,500
LAST ASKING: $99,000
SIZE: 24,394± Square Feet
ZONING: Residential Office - RO
PROPERTY INSPECTION: At Any Time
FINANCING: None – All Cash
DESCRIPTION: This 24,394± square foot
residential development site known as Academy
Place has approval for the development of seven
single-family homes. The approvals specify two-
story plans ranging in size from 1,300 – 1,400
square feet at a density of 12.5 units per acre. The entitlements are due to expire in 2015. (Please see
Supplemental Information Package for Site Plan and Elevations.)
The property is located in the long-established neighborhood of Del Paso Heights, situated north of
downtown Sacramento, with excellent access from Interstate-80. The site is located at the corner of
Del Paso and Academy Boulevards and has surrounding uses comprised of single and multi-family
dwellings. The site is improved with concrete sidewalks and rolled curb.
The RO zoning has a maximum density of 36 dwellings per unit and allows for the development
of office uses, subject to a special use permit. A Phase I Environmental, completed in October 2013,
requires no further assessments. All utilities are available to the site, including sewer, water, gas and
electricity.
LOCATION: 3163 Academy Way, Sacramento, California. APN #: 265-0384-011
SEALED BIDS DUE NO LATER THAN 5:00 PM, NOVEMBER 19, 2014
Arcade Blvd.
Del Paso Blvd.
N
Please Note: Sketch plan is conceptual only. Neither the Seller nor
its agents have submitted plan or made any applications to a public
agency.
Cannon Industrial
Park
