2245 Grand Ave, Sacramento, CA 95838, Sacramento, 95838 - 2 bed, 1 bath
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Sacramento, CA 95838
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $372,106 Fair Market Value by -7%. Featuring C-2 General Commercial Zoning across four parcels, this Asset offers significant development flexibility for retail or mixed-use projects. With a Condition Rating of 6, the existing structure is considered negligible, prioritizing land value for future site optimization. This is a strategic acquisition ideal for Commercial Developers or Buy-and-Hold Investors seeking a versatile, high-visibility footprint in Sacramento.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2245 Grand Ave Subject | $399,000* List Price | 2 | 1 | 1,160 | $321 | - |
A 3744 KERN Street Active | $330,000 List Price | 2 | 1 | 1,125 | $293 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1940 (84 years old) with no evidence of recent renovations. The property is marketed as a commercial development opportunity for its land value and C-2 zoning across four parcels, suggesting the existing structure is of negligible value and likely unlivable.
The sale includes four separate parcels (2237, 2241, 2245, and 2261 Grand Ave), providing a significantly larger footprint and higher development potential than a standard single-lot listing.
The General Commercial zoning allows for a wide range of high-value uses, including retail, medical offices, automotive services, and mixed-use development, offering maximum flexibility for investors.
Conveniently located near major freeways, shopping centers, and dining, the property ensures high visibility and easy access for future commercial tenants or residents.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6534, other record lot size in square feet = 4356.
The existing structure dates back to 1940, which may necessitate significant capital expenditure for modernization or complete demolition to facilitate new development.
Most nearby schools carry low ratings (ranging from 2 to 4), which could be a deterrent for residential developers targeting families or for long-term residential appreciation.
An incredible investment opportunity featuring four parcels, 2237, 2241, 2245, and 2261 Grand Ave., all included in the sale price. Conveniently located near freeways, shopping, and dining, this property is zoned C-2 General Commercial, offering exceptional development potential. C-2 zoning allows for a wide range of permitted uses including retail, restaurants, professional and medical offices, personal services, automotive-related businesses, mixed-use development, and other commercial opportunities. Whether you're an investor, developer, or business owner, this versatile property offers endless possibilities in a prime Sacramento County location.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,160 | - |
| Lot Size | 6,534 | - |
| Price | $399.0K | $505.7K |
| Price per sq ft | $344 | $341 |
| Built year | 1940 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 42 |
Jul 17, 2026
$399,000
Initial Listing
Jun 24, 2015
$125,000
Public Record