2015 K Street, Sacramento, CA 95811
- $6,400,000
- List Price
- $6,400,000
- MLS#
- 223115971
- Status
- ACTIVE
- Acres
- 0.73
- Type
- Land
- Zip
- 95811
- city
- Sacramento
- Region
- Sac Midtown
- Property Type
- Land
Property Description
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!
Additional Information
- Land Area (Acres)
- 0.7346
- Subtype
- Commercial Lot
- Zoning
- C-2-SPD
- Current Use
- Commercial, Office
- Development Status
- See Remarks, Other
- Vegetation
- None
- Road Frontage
- Other
- Primary Res
- None
- Additional Living Unit
- No
- Outbuildings
- Other
- Irrigation
- None
- Special Conditions
- None
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Listing courtesy of Ken Turton, Broker.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2024 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .