Leidesdorff St Folsom, CA 95630

This exceptional 3-acre commercial land parcel presents a unique investment opportunity in Folsom, California. Located in the desirable Folsom Historic District, the property boasts a prime location bounded by Sutter Street to the south and Leidesdorff Street to the north. The site is zoned HD-PD, offering significant potential for multifamily or affordable housing development. Once developed, the project will command remarkable views of the Folsom Historic District and Lake Natoma. Folsom itself is a highly sought-after community within Greater Sacramento, known for its high standard of living, well-educated population, excellent schools, and business-friendly environment. This makes it an attractive alternative for businesses and residents seeking to relocate from more expensive and seismically active areas like the Bay Area. The property offers significant advantages, including low utility costs and a municipal utility company designed to attract and retain businesses. Within easy driving distance are numerous amenities, including the Palladio Shopping Center, American River Parkway, Lake Natoma, and the Harris Center for the Arts. The APN numbers are 070-0042-002, 070-0042-003, 070-0046-024, and 070-0046-026. This rare opportunity to acquire a highly desirable development site in the heart of Folsom is priced at $3,250,000. Don't miss this chance to capitalize on the thriving Folsom market.