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2601 5Th St Sacramento, CA 95818

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For Sale
$5,750,000

2.27 acres in Opportunity Zone near Broadway corridor.

Lot size:
2.27 Acres

Property Features for 2601 5Th St

General Information

Lot size
2.27 Acres
Source: Moodyscre

Listing Agent: Ken Turton

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Sacramento Infill Opportunity Zone Land

This property presents a high-quality urban infill opportunity within Sacramento’s emerging Broadway corridor, situated in an Opportunity Zone. The rectangular-shaped site, located on the corner of 5th Street and 1st Avenue, comprises six adjoining parcels totaling approximately 2.27 acres. The site measures 510 feet in length and 197 feet in width and is zoned for medium-density multi-family residential use. Existing improvements include a two-story, 30,039-square-foot industrial food production facility equipped with cold storage capabilities. The facility features two cold storage freezers with a total capacity of 1.6 to 1.7 million pounds, a saw-tooth dock-high loading bay, a depressed dock loading bay, numerous grade-level roll-up doors, and administrative office space. Additionally, there are four sheet metal buildings totaling 29,088 square feet, according to tax assessor records. The property benefits from its proximity to new amenities, including a four-acre public park, two dog parks, bike paths leading to the American River Bike Trail, riverfront access, and art murals. Broadway is identified as the next major downtown corridor poised for modernization, following the maturation of K Street and R Street in Midtown. The property is located in the path of development of several transformational projects.
Location Intelligence

Current Use by Public Records

California Shellfish Co ... Seafood Wholesaler

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sacramento
County
Sacramento
State
California
Longitude
-121.507526
Latitude
38.562469

FAQs

What type of property is this?
Land - 2.27 acres in Opportunity Zone near Broadway corridor.
Where is this land located?
The property is located at 2601 5Th St Sacramento, CA.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: - Located in an Opportunity Zone within Sacramento's emerging Broadway corridor.; - 2.27 acre site zoned for medium density multi-family residential.; - Existing 30,039 SF industrial food production facility with cold storage.
More about this property
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