401 S St Sacramento, CA 95811
- Office Properties & Spaces
- 21,873 SF
- 0.82 lot acres
Current Use by Public Records
- Robert Nganga / Health Care Facility / Marriage Or Relationship Counselor
- Robyn Sevigny / Marriage Or Relationship Counselor
- Marissa Guerrero / Marriage Or Relationship Counselor
- Sidney Caldwell / Marriage Or Relationship Counselor / Counselor
- Alexander Thompson / Marriage Or Relationship Counselor / Counselor
Property Details for 401 S St
- Year built
- 1972
- Lot size
- 0.82 lot acres
- Property size
- 21,873 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 21,873-square-foot executive office building at 401 S Street in Sacramento, CA, presents a compelling owner-user or redevelopment opportunity. Situated on a 0.82-acre lot (APN 009-0053-020), this 1972-built property boasts 74 parking spaces and benefits from an RMX-SPD zoning designation. Its prime downtown location, adjacent to the vibrant R Street Corridor, offers unparalleled access to restaurants, entertainment, and housing. The building's location within an Opportunity Zone provides significant tax incentives for investors. With a floor area ratio (FAR) of 6.0 (per General Plan Update), this property offers substantial redevelopment potential. The building is ideal for an owner-occupier seeking a prominent downtown address or a developer envisioning a transformative project. This is a rare chance to acquire a substantial property in a thriving Sacramento neighborhood. The property's size and location make it a highly attractive investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.505
- Latitude
- 38.5727