709 E St Sacramento, CA 95814
- Land
Current Use by Public Records
- Land
Property Details for 709 E St
- Property type
- Land
Description
This exceptional 14,728 square foot commercial land parcel, situated at the northeast corner of 7th and E Streets in Sacramento, CA (95814), presents a remarkable high-density infill development opportunity. Comprising four parcels, this property is ideally positioned within a thriving urban core, offering unparalleled access to a vibrant mix of dining, shopping, entertainment, and public transportation. The recent upzoning to Residential Mixed Use (RMU) under the 2040 General Plan (effective March 28, 2024), allows for a Maximum Floor Area Ratio (FAR) of 15, unlocking the potential to develop a building exceeding 220,000 square feet. This prime location is within walking distance of the Railyards master-planned development, including recently completed luxury apartments and a proposed Kaiser Hospital. Its proximity to major arterial streets (16th and 12th Streets), the Golden 1 Center, DOCO, and K Street's vibrant nightlife and restaurants, ensures strong demand and high occupancy rates. The property offers the unique advantage of walkability to the urban core without compromising on parking, privacy, or noise reduction. This is an exceptional investment opportunity for developers seeking to capitalize on Sacramento's dynamic growth and high demand for residential and mixed-use developments. The asking price is $1,000,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.494
- Latitude
- 38.587
