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1025 19th Street

Sacramento, CA 95811
  • $5,495,000
  • STATUS: Active
  • ON SITE: 219 Days
  • MLS #: 222001571
UPDATED: 205 min ago
$5,495,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

This is an opportunity to acquire the single largest and most valuable contiguous piece of land in the entire urban core. 28,913 square foot Opportunity Zone development land in the heart of Midtown, Sacramento. The property occupies the entire 19th Street frontage between J and K Street. Zoned C-2-SPD and currently includes a 16,941 SF vacant commercial building (which can be demolished) and 30 parking stalls. Primate location in the epicenter of Midtown, surrounded by the best amenities and multifamily residential projects in the entire city. City is supportive of new development with several hundred luxury residential units above ground floor retail. Opportunity Zone benefits reduce capital gains exposure if requirements are met.

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Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-08-14T23:38:55.837. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.thriverealestatefolsom.com/homes/124544684
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1025 19th Street Sacramento, CA 95811

  • Price: $5,495,000
  • Status: Active
  • On Site: 219 Days
  • Updated: 205 min ago
  • MLS #: 222001571
0
Beds
0
Baths
0
½ Baths
0.66
Acres
Neighborhood:
Sacramento Midtown
County:
Sacramento
Area:
Sacramento Midtown
Elementary School:
Sacramento Unified
Middle School:
Sacramento Unified
High School:
Sacramento Unified
School District:
Sacramento
Property Description
This is an opportunity to acquire the single largest and most valuable contiguous piece of land in the entire urban core. 28,913 square foot Opportunity Zone development land in the heart of Midtown, Sacramento. The property occupies the entire 19th Street frontage between J and K Street. Zoned C-2-SPD and currently includes a 16,941 SF vacant commercial building (which can be demolished) and 30 parking stalls. Primate location in the epicenter of Midtown, surrounded by the best amenities and multifamily residential projects in the entire city. City is supportive of new development with several hundred luxury residential units above ground floor retail. Opportunity Zone benefits reduce capital gains exposure if requirements are met.
Exterior Features

Crops None Lot Features Corner Road Frontage Type City Street Total Parking Spaces 0.00 Vegetation None

Property Features

Additional Living Unit No Association No Association Fee 0 Current Use Mixed UseMulti-Family Development Status Other Elevation 0 Horse Property No Income Includes None Irrigation Other Num Of Lots 0 Parking Fee 0.00 Possible Use Commercial Property Subtype Commercial Lot Property Type Land Sewer Public Sewer Special Listing Conditions Offer As Is Utilities Public Water Source Public Zoning C-2 Spd Zoning Description Commercial

Metrolist MLS logo Listing provided courtesy of Ken Turton, Broker: . Listing information © 2022 MetroList Services, Inc.


Metrolist MLS logo © 2022 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2022-08-14T23:38:55.837. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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Thrive Real Estate Folsom
718 Sutter Street Suite 100
Folsom CA, 95630