3252 Panama Avenue, Carmichael, CA

About 3252 Panama Avenue

Investor Opportunity: Mixed-Use Development in the Heart of Carmichael Zoning: Residential Mixed Use (SPA Zoning) Lot Size: 0.36 acres Development Potential: 7 to 17 dwelling units. Utilities: Available at the street. This is a rare opportunity to acquire flat secluded land part of a Cul-De-Sac in one of Carmichael's most desirable neighborhoods. Zoned Residential Mixed Use under SPA (Special Planning Area) guidelines, this property offers a level of flexibility not available under standard zoning. SPA zoning allows for a combination of residential, commercial, and light industrial development, making it ideal for investors looking to create high-yield, multi-purpose projects. Situated near Fair Oaks, the American River, Riverside Golf Course, and the Ancil Hoffman Nature Center, the property is surrounded by established amenities and natural beauty. It also lies within the boundaries of a highly regarded public school system, including close proximity to a conveniently located school for K-6 in Mary Deterding Elementary, which is a feeder school into the prestigious International Baccalaureate program. There is also a sister lot for sale right next to this lot. Acquiring both lots offers the chance to significantly crease your development footprint and potential return.

Listing Map