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1020 21st St
Sacramento, CA 95811 Midtown Sacramento

$5,600,000 USD

Land For Sale  •  0.73 AC

Property Details

  • Property Type Land
  • Lot Size 0.73 AC
  • Zoning C-2 SPD
54 Transit Score
98 Walk Score

Description

21K is located at a AAA location in Midtown Sacramento just one block from the MARRS building, the cultural epicenter of this neighborhood. Midtown  is the perfect blend of carefully curated local, national, and regional retailers with an eclectic mix of high-end demographic occupations embedded in a landscape of unique older buildings paired with mature trees. Business owners, residents and investors near and far have flocked to the center of Sacramento’s art, music, and cultural scene to cash in on the fruitful submarket. Many people consider Midtown to be the most desirable area in the city of Sacramento, with easy freeway access and adjacent to Downtown, Old Sacramento, West Sacramento and East Sacramento. The streets just in front of 21K are home to Sacramento’s Saturday Farmer’s Market, the home to Northern California’s busiest farmer’s market, with more than 10,000 visitors each weekend.

21K is easily one of the most important and valuable development opportunities in the Sacramento Region.

Highlights

Excellent Opportunity for Multifamily Development
296 units - Fully entitled legacy development site
3 parcels encompassing more than a quarter block
7,525 retail space & 162 parking stalls
FAR of 7:83:1 despite 3:1 zoning (C-2-SPD)
Located in an opportunity zone offering tax incentives for development

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Sacramento (Capitol Corridor - Capitol Corridor Joint Powers Authority) 4 min - 1.7 mi
Transit/SubwayDriveWalkDistance
Cathedral Square (Blue Line - Sacramento Regional Transit District Light Rail (The RT)) 2 min 15 min 0.8 mi
23Rd Street (Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 2 min 15 min 0.8 mi
12Th & I (Blue Line - Sacramento Regional Transit District Light Rail (The RT)) 3 min 16 min 0.9 mi
16Th Street (Blue Line - Sacramento Regional Transit District Light Rail (The RT), Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 2 min 17 min 0.9 mi
Archives Plaza (Blue Line - Sacramento Regional Transit District Light Rail (The RT), Gold Line - Sacramento Regional Transit District Light Rail (The RT)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Sacramento International 19 min - 12.3 mi
Scott Kingston 916-612-5314 Turton Commercial Real Estate
Scott Kingston 916-612-5314 Turton Commercial Real Estate