6242 Fair Oaks Blvd

Carmichael

6242 Fair Oaks Blvd

Region: Carmichael
Use: Land
Lot Size: 1.13 acres
Lease or Sale: Sale
Sale Price: $630,000

Turton Commercial Real Estate is pleased to present the opportunity to acquire fee simple interest in 6242 Fair Oaks Blvd. The 1.13 acre parcel of land is being offered well below similar comparable sales in the area, at a purchase price of $12.79 per square foot, and has been designated for medium-to-high density multifamily residential or mixed use development by Sacramento County’s Planning Department.

The Subject Property exists within the Fair Oaks Blvd Corridor Plan (Corridor Plan) whose mission is “to provide a stand-alone Special Planning Area, focusing on a Community-driven vision to provide livable, social, and vibrant mixed-use commercial and residential districts to change Carmichael’s ‘main street’ to a comfortable and interesting walking/pedestrian and multi-model experience.” The site is bounded by a variety of commercial and residential projects and provides an “oasis” from busy Fair Oaks Blvd. with vast development potential, and vehicular access via Kenneth Ave.

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