C-2 Corner Development
For Sale
Contact for pricing
500 16th St, Sacramento, CA 95811
Two-parcel, paved and gated hard-corner site zoned C-2, with interim parking capacity for 18–20 vehicles.
Property SizeContact for details
Lot Size0.15 Acres
Days on Market139
Property Features for 500 16th St
General Information
Standard status
Active
Total Parking Spaces
20
Lot size
0.15 Acres
Property subtype
Land
Zoning
C-2
Additional Details
Cap Rate
3.29%
Fenced Yard
Yes
Listing Agency:
CBRE - Sacramento
(916) 817-9148
Listed By:
Patrick Stelmach · License #CA 01964999
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 7:54PM
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
Investment Insights
Based on property information with market context.
A centrally located land offering comprised of two parcels totaling 6,578 square feet, positioned on the southwest corner of 16th Street and E Street. The site is paved concrete and gated and fenced, capable of accommodating approximately 18 to 20 vehicles. It measures approximately 80 feet by 82 feet and is zoned C-2 – Special Planning District, Urban Corridor Low.
The sale includes conceptual designs and plans, along with clean Phase I and II reports and an ALTA site survey. In addition to development planning, the property is structured to support interim parking income, with the seller offering a 12-month sale-leaseback of the site for parking at a net rent of $3,000 per month (buyer pays property taxes and insurance).
The sale includes conceptual designs and plans, along with clean Phase I and II reports and an ALTA site survey. In addition to development planning, the property is structured to support interim parking income, with the seller offering a 12-month sale-leaseback of the site for parking at a net rent of $3,000 per month (buyer pays property taxes and insurance).
Key Highlights
- Two‑parcel corner site totaling 6,578 SF at the southwest corner of 16th Street and E Street
- Zoned C‑2 – Special Planning District, Urban Corridor Low (500 16th St and 1528 E St)
- Hard‑corner location on a high‑traffic corridor in Sacramento’s Midtown/Downtown urban core
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Explore this area
Business Placement
Demographics for 95811, CA
12,463
Population
5,085
Households
2.5
Avg Household Size
37
Median Age
54%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
5,419
Density / Sq Mi
$77,760
Median Household Income
$59,641
Median Earnings
$1,564
Median Rent
$707,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Two-parcel, paved and gated hard-corner site zoned C-2, with interim parking capacity for 18–20 vehicles.
Where is this commercial land located?
The property is located at 500 16th St Sacramento, CA.
What are key features of this property?
This property features: Two‑parcel corner site totaling 6,578 SF at the southwest corner of 16th Street and E Street; Zoned C‑2 – Special Planning District, Urban Corridor Low (500 16th St and 1528 E St); Hard‑corner location on a high‑traffic corridor in Sacramento’s Midtown/Downtown urban core
