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Listed by Cornish & Carey Commercial
$ 4,100,000
Est. payment | /mo
69,696 SqFt
$ 4,100,000
Est. payment | /mo
69,696 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 69,696 sqft
Price per Sqft $58
MLS Listing ID ML82022132
HOA Y/N No
Lot Size 1.600 Acres
Property Sub-Type Unimproved Land
Source Datashare MLSListings
Property Description
Price Reduced! Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 7400 Folsom Boulevard, a prime infill multifamily development site located in Sacramento, California. Located within a mile from California State University, Sacramento (CSUS), this opportunity is ideal for any investor/ developer looking to build and capitalize on the ever-growing CSUS ( currently 31,000 students), and overall demand for student/affordable/market rate housing. This level 1.6-acre parcel is visible from eastbound U.S. Highway 50 and strategically located in Sacramento's most dynamic submarkets for residential growth along the highly transit-rich Folsom Blvd corridor.
Location
State CA
County Sacramento
Interior
Fireplace No
Building
Lot Description Level, Rectangular Lot
Water Public
Schools
School District Sacramento City Unified, Sacramento City Unified
"We would love to put our experience and successful track record to work for you. Top 1% in California" Kevin & Naomi Kieffer Compass Homes@EastBayPro.com or M. 925-300-8000"