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Entitled Multifamily Development Site
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1900 Capitol Ave, Sacramento, CA 95811

Fully entitled multifamily development site includes a large office building and secured parking lot on contiguous parcels.

Property SizeContact for details
Lot Size1.18 Acres
Days on Market245

Property Features for 1900 Capitol Ave

General Information

Standard status Active
Lot size 1.18 Acres
Property subtype LAND
Listing Agency: Colliers | Sacramento
Listed By: Matt Sarro · License #01942991
Source: Moodyscre
Added: Jan 6 Changed: Aug 17 Last Checked: Aug 14 at 8:02AM

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 Colliers | Sacramento

Investment Insights

Based on property information with market context.

This fully entitled multifamily development site consists of approximately 51,752 square feet across two contiguous parcels. The property combines an existing 40,552-square-foot office building with a large, secured parking lot, offering flexibility for development planning.

The site is positioned in Midtown Sacramento’s Central Business District, just steps from the State Capitol. The approved plan provides for development of 252 apartment homes across two modern, seven-story podium-style buildings.

Entitlements are in place for a community that includes private balconies and interior finishes, along with on-site amenities such as a fitness facility, leasing office, and community gathering spaces. The property is described as having ample on-site parking, flat topography for development efficiency, and utilities already stubbed to the site to help reduce lead time.

Key Highlights

  • Fully entitled multifamily development site for 252 apartment homes on 2 contiguous parcels totaling approx. 51,752 SF
  • Existing 40,552 SF office building plus large secured parking lot included in the development site
  • Approved for two modern, seven‑story podium‑style buildings

Property Analytics

Current Use

State of California Commission ... Government Office

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Locksmith Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,402
Businesses Nearby

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

Market

Vacancy Rate% for Office in Sacramento, CA

8.3% 2019
11.7% 2020
13.2% 2021
14% 2022
14.4% 2023
15.2% 2024
14.6% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Fully entitled multifamily development site includes a large office building and secured parking lot on contiguous parcels.
Where is this office building located?
The property is located at 1900 Capitol Ave Sacramento, CA.
What are key features of this property?
This property features: Fully entitled multifamily development site for 252 apartment homes on 2 contiguous parcels totaling approx. 51,752 SF; Existing 40,552 SF office building plus large secured parking lot included in the development site; Approved for two modern, seven‑story podium‑style buildings
(916) 616-5267 Call to check price and availability
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