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6630 4th Avenue

Sacramento, CA 95817

$2,750,000 $11,594/Mo

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Description

Exceptional 1.08-acre infill development opportunity near Sacramento State. This three-parcel assemblage at 6620-6630 4th Avenue offers a strategic location approximately 0.7 mile from the university campus, with convenient access to the University/65th Street light rail station and Highway 50. Zoned C-2-TO, the property offers potential for a variety of development strategies including multifamily, student housing, affordable/workforce housing, commercial or mixed-use development, subject to City of Sacramento approval. Prior conceptual planning contemplated a 105-unit/300-bed student housing community with approximately 180,000+ square feet of gross building area. Historical plans and renderings are available for review and provide a useful starting point for evaluating the site's de velopment potential; the prior concept is not represented as a current entitlement. Sacramento State serves more than 31,000 students, and the surrounding area includes established purpose-built student housing, residential neighborhoods, shopping, dining and transit. Three contiguous parcels provide an opportunity to acquire a well-located infill development site in the Sacramento State submarket. Buyer to independently verify acreage, zoning, allowable uses and density, utilities, development standards, entitlements and all other information affecting development of the property.

Property Details

Property Type : Land

Price : $2,750,000

AD Id : 91702454

MLS Id : 226124602

Year Built : --

County : Sacramento

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Sewer: Public Sewer
Heating & Cooling

WaterSource: Public

Road Types

City Street

Lot Information

Lot Dimensions: 46,858sf Lot Description: Shape Regular Lot Square Feet: 46,857 Topography: Mostly Level

Property Information

Property Type: Land Sub Type: Residential Lot Cross Street: 65th Street Source Neighborhood: 10817 Postal Code Plus 4: 2612 Area: Sacramento S: 95817 Zoning: Residential

Farm Info

Irrigation Source: None

Listing Price Information

Listing Id: 226124602 List Price: $2,750,000

Tax Information

Parcel Number: 015-0031-014-0000

Elementary School District: Sacramento Unified

Junior High School District: Sacramento Unified

Senior High School District: Sacramento Unified
Utility Information

Public, Sewer Available, Natural Gas Available, Water Available Electric: Electric Available
Location Information

Direction: 65th Street to 4th Avenue

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