Sacramento CA Land for Sale
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.66 Acres
- Baths:
- MLS#:
- 224103798
View additional info
Courtesy: Ken Turton, Broker
573-3300
ADDITIONAL INFORMATION
1025 19th Street, also known as the WP Building site, is the premiere Opportunity Zone development opportunity in the City of Sacramento. The property features a 28,913 square foot parcel of land bounded by J Street to the north and K Street to the south, with nearly 400 linear feet of frontage along 19th Street (collectively 27k cars per day), a main thoroughfare through the city. The City of Sacramento has deemed the existing building, which was previously used by the Western Pacific Railroad Company, has no historical significance and can be demolished to make way for a new ground-up development project; preliminary investigation supports 240+ units can be constructed on the site. Property benefits from Opportunity Zone tax protections for qualified projects, a rarity in the urban core. AAA location in the heart of Midtown, located adjacent to the historic Sacramento train station (now housing Old Spaghetti Factory) and located on the same block as the MARRS Building and Midtown Farmer's Market. The scarcity of this opportunity, and the ability to construct a truly transformative project in the central city, cannot be understated!
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.73 Acres
- Baths:
- MLS#:
- 223115971
View additional info
Courtesy: Ken Turton, Broker
573-3300
ADDITIONAL INFORMATION
21K is a 32,000 square foot fully-entitled development site in the heart of Midtown Sacramento. The offering includes three (3) contiguous parcels at the corner of 21st and K Streets, including 2015 K Street, 2025 K Street, and 2031 K Street. The site is currently entitled and approved by the City of Sacramento to build a 8-story 250,595 square foot mixed-use building featuring 296 residential units, 7,500 square feet of ground floor retail space, and 162 on-site parking stalls. The current zoning and entitlements will permit for market rate and/or senior housing, allowing a developer some flexibility with the final project. The property boasts a AAA corner location in the Lavender Heights district of Sacramento. The project is adjacent to the MARRS Building, which is considered the "epicenter" of Midtown. The Midtown Farmer's Market, which is visited by over 2,000 people each weekend, is held in front of the property. 21st Street is a main thoroughfare through the central city with over 10,000 cars each day, thereby providing huge visibility to the retail tenants. This is a once-in-a-decade opportunity!
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Terms of Use
Sacramento Real Estate
The median home value in Sacramento, CA is $427,200. This is lower than the county median home value of $489,000. The national median home value is $338,100. The average price of homes sold in Sacramento, CA is $427,200. Approximately 47.71% of Sacramento homes are owned, compared to 47.44% rented, while 4.86% are vacant. Sacramento real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sacramento real estate agent to arrange a tour today!
Sacramento, California 95811 has a population of 518,605. Sacramento 95811 is less family-centric than the surrounding county with 26.13% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Sacramento, California 95811 is $71,074. 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 Sacramento 95811 is 35.2 years.
Sacramento Weather
The average high temperature in July is 92.6 degrees, with an average low temperature in January of 39.1 degrees. The average rainfall is approximately 19.9 inches per year, with 0 inches of snow per year.