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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 Residential Development Land
Listing Status Active
Purchase Type For Sale
Lot Size 1.600 Acres
MLS Listing ID ML82022132
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 ¼ 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
Area Sacto Rosemont/College Greens/Mayhew - 10826
Zoning C-2
Interior
1-purchase type For Sale
Exterior
Fence Complete Perimeter, Electrified, Fenced
Utilities Available Electricity - On Site, Gas - On Site, Public Utilities
Present Use Commercial,Other
Building
Lot Description Grade - Level, Regular
Sewer Sewer - Public, Sewer Connected
Water Public, Water On Site
Others
Tax ID 079-0222-021-0000
Horse Property No
Special Sale Not Applicable
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Listed by Kelly Rivett of Cornish & Carey Commercial
Bought with Kelly Rivett of Cornish & Carey Commercial
Bought with Kelly Rivett of Cornish & Carey Commercial
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