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$ 4,100,000
Est. payment | /mo
1.6 Acres Lot
$ 4,100,000
Est. payment | /mo
1.6 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82022132
HOA Y/N No
Lot Size 1.600 Acres
Acres 1.6
Property Sub-Type Unimproved Land
Property Description
Price Reduced! Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 7400 Folsom Boulevard, a prime infill multifamily development site located in Sacramento, California. Located within a mile from California State University, Sacramento (CSUS), this opportunity is ideal for any investor/ developer looking to build and capitalize on the ever-growing CSUS ( currently 31,000 students), and overall demand for student/affordable/market rate housing. This level 1.6-acre parcel is visible from eastbound U.S. Highway 50 and strategically located in Sacramento's most dynamic submarkets for residential growth along the highly transit-rich Folsom Blvd corridor.
Location
State CA
County Sacramento
Zoning C-2
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Building
Lot Description Level, Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Sacramento City Unified
Others
Tax ID 0790222021000
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Listed by Kelly Rivett • Cornish & Carey Commercial
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Patrick Nagel
REALTOR® | Lic# 1760790