Courtesy: Marcus & Millichap
650-391-1700
8452 Madison Avenue is a +/-4.24-acre residential development site in Fair Oaks. The site has frontage and access from Madison Avenue, one of the major surface streets in the area. Currently zoned RD-3, the site can potentially be re-zoned to allow development with single-family residential uses up to 10 units per acre. There is one active new home project in Fair Oaks and one development that recently sold out. Fetz Estates is a custom home development with only 12 lots. Homes in this community start at $1.2 million. The Heritage at Gum Ranch is a 251-home development that recently sold out. Recent sales in this community start in the low $800,000s, with some homes selling in the mid-$900,000 range. The subject property is less than ten minutes drive to several major shopping centers. Target, Walmart, Raleys, Safeway, Trader Joes, Grocery Outlet and WinCo Foods are all nearby. Additionally, there are dozens of restaurants, shops, and service businesses in the neighborhood.
8452 Madison Avenue is a +/-4.24-acre residential development site in Fair Oaks. The site has frontage and access from Madison Avenue, one of the major surface streets in the area. Currently zoned RD-3, the site can potentially be re-zoned to allow development with single-family residential uses up to 10 units per acre. There is one active new home project in Fair Oaks and one development that recently sold out. Fetz Estates is a custom home development with only 12 lots. Homes in this community start at $1.2 million. The Heritage at Gum Ranch is a 251-home development that recently sold out. Recent sales in this community start in the low $800,000s, with some homes selling in the mid-$900,000 range. The subject property is less than ten minutes drive to several major shopping centers. Target, Walmart, Raleys, Safeway, Trader Joes, Grocery Outlet and WinCo Foods are all nearby. Additionally, there are dozens of restaurants, shops, and service businesses in the neighborhood.
Fair Oaks is located in California. Fair Oaks, California has a population of 31,750. Fair Oaks is less family-centric than the surrounding county with 24.63% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Fair Oaks, California is $99,629. The median household income for the surrounding county is $76,422 compared to the national median of $69,021. The median age of people living in Fair Oaks is 46.2 years.
The average high temperature in July is 93.7 degrees, with an average low temperature in January of 39.3 degrees. The average rainfall is approximately 20.5 inches per year, with 0 inches of snow per year.
