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2031-2015 K Street Sacramento, CA $ 6,400,000
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$ 6,400,000 Get more info
2031-2015 K Street
$ 6,400,000
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2031-2015 K Street

Sacramento, CA, 95811
$ 6,400,000
Baths0.0

Monthly Estimate*

$ 44,706

2031-2015 K Street, Sacramento, CA 95811 - Image 1
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2031-2015 K Street, Sacramento, CA 95811 - Image 9
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Studio

Lots and Land for sale in Sacramento, CA

for $6,400,000. The lot size is 0.7346.

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!

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Lots and Land Active

Price

$ 6,400,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Commercial Lot

Lot Size

0.7346

Town/City

Sacramento

County/Region

Sacramento

MLS | Web ID

223115971
Features
General
Sewer Public Sewer
Utilities Public Other
Development Status See Remarks Other
Zoning C-2-SPD
HOA 0
Crops None
View None
Topography Level
Property SubType Commercial Lot
Current Use Commercial Office
Elevation 0
County Sacramento
Property Type Land
HOA / Comm Assn N
Distance To Electric Electricity To Site
Distance To Gas Natural Gas To Site
Possible Use Residential Commercial
Other Structures Other
Close Price 0.0
Status Active
Directions Located at the corner of 21st and K Streets.
City Sacramento
Buyer Agent Compensation 1.5%
High School District Sacramento Unified
Zoning Description Commercial Residential Mixed
MLS Area 10811
Lot Size Square Feet 32000.0
Street Name K
Standard Status Active
Middle/Junior School District Sacramento Unified
Elementary School District Sacramento Unified
Buyer Agent Compensation Type Percent
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Exterior
Vegetation None
Fencing None
Lot Features Corner
Water Source Public
Total Parking 0.0
Lot Size Acres 0.7346
Lot Size Source Owner
Road Frontage Type Other
Number of Lots 0
Horse Y/N N
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Interior
Street Suffix Street
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Internal Only
Street Number 1 2031
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* Excluded Features
List By
Ken Turton, Broker

Broker

jonlang@turtoncom.com

Email

Affordability Calculator

$44,706
Per Month
100%
0%
0%
Monthly Principal & Interest
$44,706
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
3193778 Elementary School
3193676 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
12/11/2023 $6,400,000 Listed Price

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2031-2015 K Street, Sacramento, CA, 95811 is a Lots and Land for sale at $6,400,000 with a lot size of 0.7346. 2031-2015 K Street is a studio with 0.0 baths. The property's zip code is 95811 which is in Sacramento, CA

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