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Caleb & Valerie The Core Team

caleb@thecorehomes.com +1(209) 923-1550

$ 6,400,000

Est. payment -/mo

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Active

2015 K ST Sacramento, CA 95811

0.73 Acres Lot

UPDATED:

12/11/2023 08:34 PM

Key Details

Property Type Commercial

Sub Type Commercial Lot

Listing Status Active

Purchase Type For Sale

MLS Listing ID 223115971

HOA Y/N No

Originating Board MLS Metrolist

Lot Size 0.735 Acres

Acres 0.7346

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!

Location

State CA

County Sacramento

Area 10811

Zoning C-2-SPD

Direction Located at the corner of 21st and K Streets.

Exterior

Fence None

Utilities Available Public, Other

Water Access Desc Public

View None

Topography Level

Road Frontage Other

Building

Lot Description Corner

Sewer Public Sewer

Water Public

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 007-0085-013

Special Listing Condition None

Listed by Ken Turton, Broker

Caleb & Valerie The Core Team

Real Estate Specialists | License ID: 02013824 02069389

+1(209) 923-1550

Caleb & Valerie The Core Team

2015 K ST Sacramento, CA 95811

Key Details

Location

Exterior

Building

Schools

Others

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2015 K ST