Midtown Sacramento Development
2123 Q Street, Sacramento, CA 95816
- Added:
- Mar 25, 2026
- Days on Market:
- 47
- Last Refresh:
- Mar 18 at 9:41 am
Property Features for 2123 Q Street
General Information
- Standard status
- Active
- Lot size
- 1.19 Acres
- Property subtype
- Land
Listing agent Patrick Stelmach License #01964999
Listing office CBRE | Sacramento (916) 817-9148
Listing date Mar 25, 2026
Source Cbre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Sacramento
HighLights
- Fully entitled for a 248‑unit multifamily development with approved site plan.
- Prime Midtown Sacramento location, an irreplaceable spot near key developments.
- Exceptional walkability and bikeability with a Walk Score of 90/100 and protected bike lanes.
- Proximity to major employment centers including Downtown Sacramento and the State Capitol.
- Strong tenant demographics with a high average household income.
- Convenient access to public transit less than 1/4 mile away.
Overview
Located in the heart of Midtown Sacramento, 2123 Q Street presents a development opportunity on a half city block. The site, approximately 1.19 acres or 51,910 square feet, is zoned General Commercial (C-2-SPD) and is entitled for 248 multifamily units. The site plan and design review are fully approved to construct a six-story, approximately 290,000 square foot, mixed-use building with 248 apartments and two live/work units. Conceptual site plan and designs also exist for 41 for-sale single-family residential townhomes. The location is across from The Press luxury apartments and the planned redevelopment of The Sacramento Bee headquarters. Residents have convenient access to dining, retail, and entertainment options. The property is near dining and nightlife in the Lavender District, with Q Street connecting to retail at Ice Blocks and employment centers in Downtown. The location has a Walk Score of 90/100 and new protected bike lanes. The area includes restaurants, attractions, theatres, art galleries, and music venues. The Midtown Farmers Market, with over 160 vendors, is located five blocks from the property. Immediate access to Downtown Sacramento’s 10 million square feet of office space is available, and the State Capitol Building and Capitol Mall are within walking distance. The region’s medical centers are less than 2 miles away. The average household income within a half-mile radius of the property is $102,382. Major transit stops are less than 1/4 mile away, providing access to employment centers, entertainment, nightlife, and retail.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.4808427
- Latitude
- 38.5686676
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 1.19-acre site entitled for 248 multifamily units.
Where is this commercial land located?
The property is located at 2123 Q Street Sacramento, CA.
What are key features of this property?
This property features: Fully entitled for a 248‑unit multifamily development with approved site plan.; Prime Midtown Sacramento location, an irreplaceable spot near key developments.; Exceptional walkability and bikeability with a Walk Score of 90/100 and protected bike lanes.
