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8740 Bruceville Rd
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$4,250,000

8740 Bruceville Rd, Elk Grove

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0 bd·0 ba·0 sqft
3.80 acres lot

8740 Bruceville Rd, Elk Grove, CA

0 bd · 0 ba · 0 sqft Land listed at $4,250,000.

About this home

Fully entitled 125-unit market-rate multifamily development site at the Sacramento/Elk Grove border. Design Review approved, valid through January 2028. No BMR requirement 100% market-rate revenue. No retail component. 5 residential buildings + 1 amenity building, Type V-B wood frame, 174 surface parking spaces. Adjacent to 1.5M SF of anchored retail, Kaiser Permanente 5 min away. Highway 99 direct access. Strong submarket 97% retail occupancy, $2,000-$2,700/mo new construction rents. Buyer to verify all information. Brochure available upon request.

What it's like to live here

AI

Listed by

Colton Toste

RCB Real Estate

Property details

Price
$4,250,000
Bedrooms
0
Bathrooms
0
Lot size
3.80 acres
Type
Land
Days on market
50
Est. property tax
$31,875/yr · $2,656/mo · 0.75% CA avg
Last sold
$1,150,000 · Dec 2024

Estimated monthly payment

Down payment20% ($850,000)
Interest rate6.75%
Principal & Interest$22,052
Property Tax$3,896
Insurance$150
Total$26,098/mo

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Price history

$4.63M$2.37M$120K$495K on Aug 03 (Sold)$1.50M on Nov 21 (Price change)$1.15M on Dec 24 (Sold)$4.25M on Apr 26 (Initial list)
$495K · Aug 03$4.25M · Apr 26
  1. Apr 3, 2026$4,250,000Initial list price
  2. Dec 23, 2024$1,150,000Sold
  3. Nov 22, 2021$1,495,000Price change
  4. Aug 5, 2003$495,000Sold

Location

This home is located in Elk Grove, CA, in the Sacramento area. Browse more Elk Grove listings on the Elk Grove market page or explore the full Elk Grove market report.

About Elk Grove: Elk Grove is a city in Sacramento County, California, United States. Located just south of the state capital of Sacramento, it is part of the Sacramento metropolitan area. As of the 2020 Census, the population of the city was 176,124. A 2024 Census estimate puts the population of the city at 182,797. Elk Grove has many wineries, wine cellars, and vineyards. Elk Grove was the fastest-growing city in the U.S. between July 1, 2004, and July 1, 2005, and is also presently the second-largest city in Sacramento County by population. (source: Wikipedia)

Climate: Average year-round temperature is 63°F with 294 dry days per year and 27 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 95758)

This neighborhood is predominantly owner-occupied (71%). Median age is 39.3; 24% hold a bachelor's degree; median household income is $102,306.

Median income
$102,306
Median age
39.3
Owner-occupied
70.5%
Bachelor's degree
24.1%
Census median home value
$503,100

Source: US Census Bureau American Community Survey 5-year estimates.

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