For Sale
$6,500,000

714 E StSacramento, CA 95814

1.3-acre corner lot, prime location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1.3-acre commercial land parcel in Sacramento's vibrant downtown presents a unique development opportunity. Located at 714-722 E St, this corner lot boasts flexible zoning (8F, proposed rezoning to Residential Mixed Use with 15 FAR), allowing for high-density residential, retail, and commercial projects. The site offers unparalleled 360-degree views, including the Sacramento skyline, Sierra Nevada mountains, and Midtown. Its interconnected location provides excellent access to major freeways (I-5, Hwy 50, I-80), the Sacramento International Airport (15 minutes), and public transportation (SacRT Light Rail, Amtrak, planned California High-Speed Rail). The asking price is $6,500,000, with a land value of $115 per square foot. APN numbers are 002-0102-003-0000

Highlights

  • Prime corner development site in booming Downtown Sacramento, ideal for a substantial multifamily project.
  • Proposed 8F rezoning to Residential Mixed Use with 15 FAR allows high-density development with flexible commercial and retail components.
  • Unparalleled 360-degree views from the site, including the Sacramento skyline, Sierra Nevada mountains, and surrounding areas.
  • Excellent access to I-5, Hwy 50, I-80, Sacramento International Airport, SacRT Light Rail, and Amtrak's Capitol Corridor.

Property Details for 714 E St

Property type
Land
Lot Size (sq. ft)
56,628 SF

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5863947
Longitude
-121.4947374
714 E St, Sacramento, California

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714 E St
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