7400 Folsom BLVD, Sacramento, CA 95826
- $4,100,000
Listed by Kelly Rivett, 916-569-2385 from Cornish & Carey Commercial
(If provided) CoList: from
- List Price
- $4,100,000
- Price Change
- ▼ $300,000 1768285174
- MLS#
- ML82022132
- Status
- ACTIVE
- Zoning
- C-2
- Lot Size
- 69,696
- Neighborhood
- Sacto Rosemont/College Greens/Mayhew - 10826
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.
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Additional Information
- Acres
- 1.60
- Development Status
- No Site Approval
- Fence
- Complete Perimeter, Electrified, Fenced
- Lot Description
- Grade - Level, Regular
- Lot Size
- 69,696
- Neighborhood
- Sacto Rosemont/College Greens/Mayhew - 10826
- Other Utilities
- Electricity - On Site, Gas - On Site, Public Utilities
- Parcel Access
- Accessible, City Street
- Present Use
- Commercial, Other
- Sewer
- Sewer - Public, Sewer Connected
- Unincorporated Yn
- Yes
- Zoning
- C-2
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