Asking Price: $299,000 | ​​​​​​​

DEVELOPERS, MULTI-UNIT HOME BUILDER, INVESTORS DREAMS DO COME TRUE... Welcome to: 0.36 acres of a peaceful & unique piece of flat land. Location: 3252 Panama Avenue Carmichael, CA 95608. Features: Unique opportunity in the highly sought in the Carmichael community. This parcel is RESIDENTIAL MIXED USE land, with SPA Zoning. A gem, rarely found parcel in the heart of Carmichael, California. SPA Zoning can allow: uses, regulations, and standards that would NOT be permitted under the general zoning code. As a mixed used lot, the land allows the mix of residential, commercial, and industrial, all in one special lot. This land is adjacent and features an easement from the sister lot, 3244 Panama Carmichael, CA 95608 with the same size and zoning that’s also available for your future development. Conveniently located near Fair Oaks, the Riverside Golf Course, Ancil Hoffman Nature Center, and the American River, and many more amenities nearby. You'll also find the prestigious International Baccalaureate school system nearby as well. Starting with grades K-6 at the highly rated Mary Deterding Elementary School. Multi-unit development: 7 to 17 dwelling units. Utilities are on Street.