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Entitled Multifamily Development Site
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2681 5th St, Sacramento, CA 95818

Shovel-ready, fully entitled site approved for 252 garden-style apartments across three contiguous parcels.

Property SizeContact for details
Lot Size6.67 Acres
Days on Market248

Property Features for 2681 5th St

General Information

Standard status Active
Lot size 6.67 Acres
Property subtype LAND
Listing Agency: Colliers | Sacramento
Listed By: Matt Sarro · License #1298833
Source: Moodyscre
Added: Dec 4, 2025 Changed: Aug 8 Last Checked: Jul 27 at 7:11AM

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 shovel-ready, fully entitled multifamily development site is approved for the construction of 252 garden-style apartment units across three contiguous parcels. The proposed unit mix includes 64 studio units, 116 one-bedroom/one-bath units, and 72 two-bedroom/two-bath units. The plan calls for eight total buildings, including a single-story clubhouse building.

Planned amenities include ample on-site parking, a clubhouse with a business center, a fitness facility, a leasing office, and a resort-style swimming pool area. The development is designed with buildings constructed on concrete slab foundations, stucco exterior siding, composite shingle roofing, and private balconies. Utilities are stubbed to the site, and the building permit is ready to be pulled, supporting reduced development lead time.

The site features flat topography and existing site improvements. Parking is planned at a 1:1 ratio, and SMUD power, sewer, and water are noted as available to the project.

Key Highlights

  • Shovel‑ready, fully entitled multifamily development site for 252 garden‑style apartment units on three contiguous parcels
  • Site totals approx. 290,197 SF at 2629–2649 5th Street, Sacramento (Broadway Corridor), just south of Downtown Sacramento
  • Approved unit mix: 64 studios, 116 1 bed/1 bath, and 72 2 bed/2 bath units

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Parts Store Pharmacy

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

806
Businesses Nearby

Demographics for 95818, CA

22,375
Population
11,301
Households
2
Avg Household Size
39
Median Age
62%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,737
Density / Sq Mi
$120,509
Median Household Income
$72,803
Median Earnings
$1,650
Median Rent
$768,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Shovel-ready, fully entitled site approved for 252 garden-style apartments across three contiguous parcels.
Where is this residential land & home lot located?
The property is located at 2681 5th St Sacramento, CA.
What are key features of this property?
This property features: Shovel‑ready, fully entitled multifamily development site for 252 garden‑style apartment units on three contiguous parcels; Site totals approx. 290,197 SF at 2629–2649 5th Street, Sacramento (Broadway Corridor), just south of Downtown Sacramento; Approved unit mix: 64 studios, 116 1 bed/1 bath, and 72 2 bed/2 bath units
(916) 616-5267 Call to check price and availability
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