Report Listing

Residential Land For Sale

$1,000,000

707 E St
Sacramento, California, United States

Listed By: Realtyww Info

Listed On: 07/28/2024

Listing ID: GL11837035 View More Details

Description

HIGH-DENSITY INFILL DEVELOPMENT SITE IN DOWNTOWN SACRAMENTO. 7E is 14, 728 square feet /.388 acre of land centrally located on northeast corner 7th St and E St. Four (4) parcels in the City of Sacramento are prime development opportunity with many viable options: multifamily apartments, mixed-use project, or single family for sale subdivision. There is a possible assemblage opportunity with available sites nearby. Under the new General Plan, the Property has been upzoned to Residential Mixed Use (RMU) and Maximum Floor Area Ratio (FAR) of 15, allowing for a building area 15 times the lot area, equates to 220, 920 SF. Highly desirable, historic Alkali Flat residential neighborhood is the ideal setting for development. The Property is walking distance to dining, shopping, entertainment, and transit. In the epicenter of Downtown, it is just steps away to The Railyards master planned development, including recently completed Wong Center Apartments, The A.J. Luxury Aparments, Golden1 Center (GO KINGS!), Downtown Commons (DOCO), K Street nightlife, Amtrak Station, and the new proposed Kaiser Hospital underway. The Property provides walkability to most of the urban core, without sacrificing ancillary parking options, privacy, or noise. Make your mark on Downtown!

For more details:

Listed by: Patrick Stelmach
Source: The World Property Journal

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