RESIDENTIAL DEVELOPMENT
Multi-Family
Development Opportunity
S. O Street · Lincoln, Placer County, CA 95648
Executive Summary
Potential High Density Infill Project in the City of Lincoln.
An excellent developer/builder opportunity has emerged in the City of Lincoln. Presented is a group of 5 contiguous parcels owned by 3 different owners who wish to see their land developed for much-needed residential usage. To date, the City of Lincoln has expressed interest in more housing.
These parcels total approximately 5.91 acres. The parcels represent a future infill residential project. 182 South O Street, Lincoln, is owned by a homeowner, and 198 South O Street, Lincoln (comprising the other 4 parcels) is owned by two remaining owners and includes both rental property and bare land.
This group of parcels is surrounded by both single-family residences and multi-family apartments (See video). A portion of this grouping has actual multi-family zoning, and the remaining parcels would need approval upon final tentative map approval.
This group of parcels has previously been in escrow with two separate scenarios and two potential buyers for developing and building, i.e., townhomes and apartments. These parcels would also make a great infill single-family home development project. A fair amount of required information has been completed for both builder possibilities for a potential buyer. Serious buyers interested in residential development may request to view the historical documents.
Property Details
Five-Parcel Offering
The offering comprises the following five contiguous parcels in Placer County, collectively delivering 5.91± acres of level, development-ready land.
| Parcel Number (APN) | Approximate Acreage | Notes |
|---|---|---|
| 021-321-030-000 | 3.10 Acres | Primary parcel — largest site, R3 zoning |
| 021-321-027-000 | 0.69 Acres | 182 S. O St. (R1 zoning) |
| 021-321-031-000 | 0.68 Acres | 198 S. O St. (R1 zoning) |
| 021-321-029-000 | 0.67 Acres | Vacant land (R1 zoning) |
| 021-321-028-000 | 0.67 Acres | Vacant land (R1 zoning) |
| Total (5 Parcels) | 5.91± Acres |
DEVELOPMENT POTENTIAL
Project Highlights
This site offers multiple viable development paths, with historical existing renderings and partial R3 zoning that is aligned for large-scale residential construction. Existing plans and maps have been provided by previous buyers, are deemed reliable, but have not been verified by the Sellers nor the listing Broker, nor have they been approved by the County.
LOCATION ADVANTAGES
LINCOLN, PLACER COUNTY
The City of Lincoln is among the Sacramento region's fastest-growing communities, a desirable suburb with strong housing demand, quality schools, and a growing commercial base.
- Adjacent to Auburn Creek Apartments, proven residential demand in the immediate area
- Near Lincoln Cemetery, providing a natural open space boundary
- Only 15 minutes to Roseville via Highway 65
- Close to major shopping, dining, and medical facilities
- Dead-end, quiet street setting, ideal for residential development
- Part of Placer County, one of California's strongest growth counties
VIEW INTERACTIVE MAP
