9350 Bond Road

Elk Grove

9350 Bond Road

Region: Elk Grove
Use: Land / Multifamily
Lot Size: 4.38 acres
Lease or Sale: Sale
Sale Price: $1,300,000

Turton Commercial is pleased to offer a rare opportunity for any home builder looking to provide the next premier single-family development in the highly desirable community of Elk Grove. The approved subdivision calls for a 2 Cul De Sac land plan with 15 generously sized lots (average lot size of 10,849 square feet) and a multi-use bike/pedestrian trail, slated to connect to the Elk Grove Master Plan Trail System.

9350 Bond Road lends itself as an opportunity for an investor to fully entitle and sell each lot individually as “paper lots” to a home builder, or develop the lots themselves and sell as single-family homes. Located on the north side of Bond Road, 9350 Bond Road is a 7.9-acre parcel of land (APN: 127-0140-040) tree lined and bordered by Laguna Creek, creating a net useable acreage of 4.38 acres. The Property currently has one single-family home upon the land with the current tenant on a month-to-month arrangement with ownership. Currently zoned AR-5, the approved 15 lot subdivision calls for a rezone to RD-4, allowing for a 15-lot subdivision. The Subject Property is being offered at a price of $1,300,000 representing pricing of $6.81 per useable square foot.

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