Land For Sale • 2.92 AC
Address: 2281 Sierra Blvd, Sacramento, CA Submarket: Campus Commons / Howe Corridor Price: $1,995,000.00 Price per Square Foot: $15.68 Total Land Size: 127,195 SF (2.92 AC) Buildable Land Size: 37,765.50 SF (.87 AC) Zoning: RD-30 High Density Multifamily Existing Income: $3,500/month through September 2026
| ±2.92 acres (±127,195 SF) development site in Campus Commons/Sierra Oaks/Woodside - Developable area: ±37,765 SF (±0.87 acre) on northeast portion |
| RD-30 zoning allowing up to 30 units/acre with by-right options including SFA/SFD, duplex, multifamily, SROs, care homes, & fraternity/sorority house |
| Existing 7BR/2BA residence (1962); leased to group home at ~$3,500/month through Sept 2026; demo likely feasible |
| Utility easement with overhead power lines restricts building area; suitable for parking/amenities |
| Adjacent to prestigious Sierra Oaks, a highly stable, supply-constrained neighborhood with long-term ownership and minimal turnover |
| Steps from The Pavilions and Loehmann’s Plaza and min to East Sac, Midtown, Sac State, and major arterials including Howe, Arden, Hwy 50 and I-80 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Sacramento (Capitol Corridor - Capitol Corridor Joint Powers Authority) | 12 min | - | 6.2 mi |
| Airport | Drive | Walk | Distance |
| Sacramento International | 25 min | - | 15.8 mi |