Commercial Land for Sale in Sacramento, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Commercial Land
- Location: Sacramento, CA 95818
Description
Central City Multifamily Development Opportunity | Sacramento, CA 27V is a rare six parcel, half acre infill assemblage positioned in the Newton Booth Submarket of Midtown Sacramento. Zoned R 5 SPD, the City’s highest intensity residential designation, the site offers unlimited density, 65 foot height allowances, and 3.0 FAR, creating exceptionally flexible development potential for mid rise multifamily. The Central City Special Planning District eliminates residential parking minimums and supports a wide range of housing formats, including traditional multifamily, micro units, co living, and mixed use residential. With minimal setback requirements and strong urban design guidelines, 27V can efficiently accommodate 60–90 units under standard layouts or 100–130+ units with higher density configurations. Located minutes from the amenities Midtown, Downtown, and the Broadway Corridor have to offer; 27V benefits from strong walkability, transit access, and proximity to employment, retail, and recreation. This offering provides developers the opportunity to deliver much needed housing in one of Sacramento’s most supply constrained urban neighborhoods. Investment Highlights: • 1. High Intensity Zoning & Unlimited Density: R 5 SPD zoning with 65' height and 2.0 FAR enables exceptionally flexible mid rise multifamily development, including micro units, co living, mixed-use. • 2. Yield Potential: Minimal setbacks and no residential parking minimums support 60–90 units under standard layouts or 100–130+ units with higher density configurations. • 3. Prime Central City Location: Walkable infill site in Midtown's Newton Booth submarket with immediate access to Downtown, Broadway Corridor amenities, transit, employment, and retail.
Market Context
This land in Sacramento, CA is listed for sale. It has been on the market for 68 days. Compare it against other land listings for sale in Sacramento, CA — <a href="/search/sale/land/california/sacramento">view the full market</a>.
Contact
- Sutter McLoughlin · (916) 724-1366 · sutter.mcloughlin@marcusmillichap.com
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