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Entitled Land in North Natomas
For Sale
$5,650,000

2549 Arena Boulevard, Sacramento, CA 95834

10.13-acre site for multi-family or single-family development.

Property Size10 SF
Lot Size10.13 Acres
Price / SF$565,000
Days on Market139

Property Features for 2549 Arena Boulevard

General Information

Standard status Active
Size 10 SF
Lot size 10.13 Acres
Property subtype Land
Listing Agency: CBRE | Sacramento
Listed By: Patrick Stelmach · License #01964999
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Jul 16 at 5:08AM

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.

This is an opportunity to acquire an approximately 10.13-acre site for the development of multi-family apartments or single-family homes. The site has approved entitlements to construct a 282-unit luxury apartment community, featuring a mix of 32 studios, 150 one-bedroom, one-bathroom units, and 100 two-bedroom, two-bathroom units. There is also a conceptual site plan and designs for 191 for-sale single-family residential townhomes. Located on Arena Blvd and E Commerce Way, the site offers landmark identity and high visibility, making it suitable for residential development. The City of Sacramento updated the General Plan and zoning allows for a higher density project with a maximum Floor to Area Ratio (FAR) of 4.0. The site is located in the North Natomas submarket, less than 5 miles from Downtown Sacramento and 6 miles to Sacramento International Airport (SMF). The property is centrally located where I-5 and I-80 intersect, halfway between Downtown Sacramento and Sacramento International Airport, adjacent to the future Cal Northstate teaching hospital and Innovation Park, and surrounded by retail amenities and the region’s top employment centers.

Key Highlights

  • Fully entitled ±10.13‑acre site approved for a 282‑unit luxury apartment community or conceptual plans for 191 single‑family townhomes.
  • Prime location in the rapidly expanding North Natomas submarket, providing high visibility.
  • Centrally located between Downtown Sacramento and Sacramento International Airport, with easy access to I‑5 and I‑80.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop Tanning Salon Travel Agency

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

693
Businesses Nearby

Demographics for 95834, CA

35,617
Population
13,531
Households
2.6
Avg Household Size
34
Median Age
40%
College-Educated
90%
High-School Grad
10.0 sq mi
ZIP Area
3,562
Density / Sq Mi
$98,169
Median Household Income
$52,722
Median Earnings
$1,734
Median Rent
$518,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 10.13-acre site for multi-family or single-family development.
Where is this residential land & home lot located?
The property is located at 2549 Arena Boulevard Sacramento, CA.
What is the asking price?
The asking price for this property is $5,650,000.
What are key features of this property?
This property features: Fully entitled ±10.13‑acre site approved for a 282‑unit luxury apartment community or conceptual plans for 191 single‑family townhomes.; Prime location in the rapidly expanding North Natomas submarket, providing high visibility.; Centrally located between Downtown Sacramento and Sacramento International Airport, with easy access to I‑5 and I‑80.
More about this property
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