Thank you
Jon Lang
Ken Turton, Broker
Check Mortgage Rates and Get Pre-Approved
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!
Sell a home like this and save $383,501 Find Out How
Sewer: Public Sewer
Water Source: Public
Other
None
None
Lot Description: Corner
Lot Square Feet: 32,000
Topography: Level
Property Type: Land
Sub Type: Commercial Lot
Cross Street: 21st
Source Neighborhood: 10811
Postal Code Plus 4: 3118
Area: Sacramento S: 95811
Zoning: Commercial,Residential,Mixed
Irrigation Source: None
Listing Id: 223115971
List Price: $6,400,000
Parcel Number: 007-0085-013
Association YN : No
Calculated Total Monthly Association Fees : $0
Elementary School District: Sacramento Unified
Junior High School District: Sacramento Unified
Senior High School District: Sacramento Unified
Public,Other
Direction: Located at the corner of 21st and K Streets.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Bannon Street, Sacramento, CA,95811 | $350,000 | 2 | 1 | 706 | -- |
21st Street, Sacramento, CA,95811 | $1,300,000 | 8 | 3 | 4,234 | -- |
L Street #513, Sacramento, CA,95811 | $799,000 | 1 | 2 | 1,219 | -- |
L Street #807, Sacramento, CA,95811 | $949,000 | 1 | 2 | 1,044 | -- |
L Street #808, Sacramento, CA,95811 | $808,000 | 1 | 2 | 1,044 | -- |
T Street, Sacramento, CA,95811 | $650,000 | 3 | 3 | 1,485 | -- |
Dreher Street, Sacramento, CA,95811 | $630,000 | -- | -- | -- | -- |
18th Street, Sacramento, CA,95811 | $1,050,000 | -- | -- | -- | -- |
T Street, Sacramento, CA,95811 | $2,660,000 | -- | -- | -- | -- |
P Street, Sacramento, CA,95811 | $3,490,000 | -- | -- | -- | -- |
ByOwner last updated this listing 05/20/2024 @ 09:14
MLS: 223115971
LISTED BY: Jon Lang, Ken Turton, Broker
SOURCE: MLS Metrolist
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.