709 E Street, Sacramento, CA 95814
- $1,000,000
- List Price
- $1,000,000
- MLS#
- 224032037
- Status
- ACTIVE
- Acres
- 0.34
- Type
- Land
- Zip
- 95814
- city
- Sacramento
- Region
- Sac Downtown/Midtown
- Property Type
- Land
Property 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 & 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!
Additional Information
- Land Area (Acres)
- 0.3381
- Subtype
- Residential Lot
- Zoning
- RMU
- Current Use
- Vacant
- Development Status
- None
- Vegetation
- None
- Road Frontage
- City Street
- Additional Living Unit
- No
- Irrigation
- Public
- Special Conditions
- Offer As Is
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Listing courtesy of CBRE Inc..
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 .