The Future of the Property is Bright!
The future of this property is as a commercial or mixed use with mid-to-high density residential development. Once the current operation, Sacramento Stucco Co., shuts down their business, the property will automatically convert from an industrial use and zoning to its new zoning code of Waterfront Commercial (WF). Under this zoning, no industrial uses are allowed (this goes for all of the properties within The Bridge District).
The permitted uses for Waterfront Commercial include Multi-Family, Office, Retail, Medical, or Mixed-Use. The highest and best uses for the property would be Multi-Family and/or Retail.
The property is also located within a qualified Opportunity Zone.
Tyler Boyd
Kidder Mathews
