9455 E Stockton Boulevard, Elk Grove, CA 95624, Elk Grove, 95624 - 3 bed, 1 bath
ACTIVE$1,995,000
9455 E Stockton Boulevard, Elk Grove, CA 95624
3Beds
1Bath
1,345Sqft
98,446Lot
Year Built
1949
Close
-
List price
$2M
Original List price
-
Price/Sqft
$1,483
HOA
$0
Days on market
-
Sold On
-
MLS number
225106680
Home ConditionTear down
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $2.00M(99th), sqft - 1345(14th), beds - 3(42th), baths - 1(2th).
A unique opportunity to purchase 2 1/4 acres of high visibility real estate. 320 feet of frontage on East Stockton Blvd which parallels Highway 99 in Elk Grove. This is an exceptional business location, one of the few remaining developable sits between Elk Grove and Sacramento. This is 4 Star exposure, suitable for a wedding or event venue.
Price History
Date
Event
Price
08/13/25
Price Change
$1,995,000
04/29/16
Sold
$725,000
Condition Rating
Tear down
Built in 1949, the property features an extremely outdated kitchen with tiled countertops and an equally dated bathroom, indicating no major renovations in many decades. While the house appears physically maintained, the listing description explicitly states the existing structure is 'obsolete' for the property's commercial potential and would likely require 'demolition or extensive renovation.' This confirms the property's value is based solely on the land and its redevelopment potential, aligning with the 'tear-down' criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 98446, living area = 1345.
Prime Commercial Location: The property boasts high visibility with 320 feet of frontage on East Stockton Blvd, paralleling Highway 99, offering '4 Star exposure' in a key corridor between Elk Grove and Sacramento.
Significant Development Potential: Described as 'one of the few remaining developable sits' in a rapidly growing region, indicating high demand and opportunity for new commercial ventures.
Expansive Lot Size: A substantial 2.25-acre (98,446 sqft) parcel provides ample space for large-scale commercial development or multiple business uses.
Versatile Commercial Applications: Explicitly suitable for high-value uses such as a 'wedding or event venue,' suggesting diverse and profitable business opportunities.
Strategic Regional Access: Located in Elk Grove, a growing city, with direct access to a major highway, enhancing its appeal for businesses requiring regional connectivity and customer reach.
Cons
Outdated Existing Structure: The 1949-built, 1345 sqft residential home is likely obsolete for the property's commercial potential, requiring demolition or extensive renovation, adding to development costs.
Potential Zoning Discrepancy: Despite its clear commercial potential, the property is listed as 'Residential,' which may necessitate a complex and potentially costly re-zoning process for commercial development.
High Upfront Investment Required: Realizing the property's commercial value will demand significant capital for demolition, infrastructure, and new construction, beyond the substantial list price.