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Listed by Kelly Rivett • Cornish & Carey Commercial, DRE#01249433
$ 2,500,000
Est. payment | /mo
3.35 Acres Lot
$ 2,500,000
Est. payment | /mo
3.35 Acres Lot
Key Details
Property Type Vacant Land, Commercial
Sub Type Other Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82032789
Lot Size 3.350 Acres
Property Sub-Type Other Commercial Land
Property Description
Newmark, as the exclusive Advisor, is pleased to present this rare ±3.35-acre high-density infill development opportunity strategically located in one of Sacramentos most resilient submarkets. Situated at APN: 0108-0026-056, the site features flexible C-4-R zoning, allowing for a diverse range of development paths including high-density multi-family, student housing, or a "Missing Middle" single-family subdivision. As of 2026, the Sacramento market is experiencing a significant tightening of new supply following the construction peak of 2024, positioning this shovel-ready site to capture substantial rental and sales premiums upon delivery. The property's highest and best use is bolstered by its immediate proximity to Sacramento City College, providing a built-in demand driver for student-oriented housing in a submarket characterized by low vacancy and consistent rent growth. Bid date is 4/1/26, with initial bid price of $2.5m.
Location
State CA
County Sacramento
Area Sacto South Land Park/Greenhaven
Zoning C-4-R
Exterior
Fence Chain Link, Fenced, Other
Utilities Available Electricity - On Site, Gas - Not On Site
Building
Lot Description Grade - Level, Paved
Sewer Sewer Available
Water Irrigation Connected, Public
Others
Tax ID 018-0026-056-0000
Horse Property No
Special Listing Condition Auction
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John Faylor
Realtor | Lic# 1065896