Mixed-Use Land for Sale in Carmichael, California

PROPERTY HIGHLIGHTS:

Prime SPA Zoned Live/Work Opportunity in Carmichael, CA

This 0.36-acre parcel in Carmichael, California, offers one of the area's most unique opportunities for Developers and Investors. Zoned for Residential and Commercial uses (SPA Zoning), this property allows for high-density development with uses ranging from multi-unit housing to care facilities, vocational schools, churches, offices, and outpatient centers.

SPA zoning provides a rare advantage, combining residential density with complementary commercial uses to create multiple revenue streams. This flexibility not only supports long-term asset value but also broadens market appeal to both residents and businesses, ensuring stronger cash flow stability.

NEIGHBORHOOD CONTEXT:

Depending on design and entitlements, the site can accommodate up to seventeen units, making it a highly sought-after location for builders and investors alike. The property also benefits from proximity to the prestigious International Baccalaureate school system, adding confidence and desirability for families. Minutes away from the American River Parkway for biking, running, and walking, and additional access to the river for activities like fishing, swimming, and kayaking.

Located in a safe and thriving community adjacent to Fair Oaks, the parcel is surrounded by excellent schools, shopping centers, fine dining, and outdoor recreation. Residents can also enjoy easy access to a couple Costco Wholesale Stores nearby. An additional twin parcel of ± 0.35 AC with the same Zoning & Land Use (3244 Panama Ave) is available upon request, offering expanded development potential.

INVESTMENT OVERVIEW:

Utilities are near the property line. Located on the neighborhood street and surrounding parcels.

This is a rare chance to secure a premier development site with attractive zoning and a strategic location in one of Sacramento County's most desirable communities, the Carmichael Colony. An opportunity not to be missed.