Commercial Land for Sale in Sacramento, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Sacramento, CA 95817

Description

Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 6620 4th Ave, Sacramento, CA (“The Site”). Located footsteps away (0.7 miles) to Sacramento State University (“Sac State”), this parcel represents a rare and strategic development opportunity in a high-demand submarket poised for significant growth. This site is well positioned to benefit from the university’s continued expansion and the increasing need for student-focused housing and amenities. With the ongoing transformation of the campus and surrounding community, 6620 4th Ave stands as a prime candidate for a purpose-built student housing development or a mixed-use project. Sacramento State is actively pursuing major capital projects that will significantly boost the university’s profile and infrastructure, including: A new Hornet Stadium designed to accommodate a minimum of 25,000 fans. Plans include improved seating, enhanced sightlines, premium boxes, and multi-sport functionality with potential use by Sacramento Republic FC and Rugby. Athletic program ambitions, with stated intentions to elevate to a Football Bowl Subdivision (FBS) conference such as the Western Athletic Conference (WAC) or Pac-12. Per US News, an estimated 89% of students live off-campus. This persistent housing demand, is also evidenced by a current waitlist of over 600 upper-division students seeking on-campus or nearby housing options. With these developments underway, this parcel is uniquely positioned to appreciate in value and serve the future needs of the expanding student population and university community. Don’t miss out on this rare opportunity to secure a foothold in one of Sacramento’s most dynamic and fast-evolving areas. Investment Highlights: • Situated just minutes by bike or car from Sac State (0.7 miles) • Sac State is investing in large scale upgrades, including plans for a new 25,000 Seat Stadium, new Basketball Arena, and making a move the FBS.

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>.

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