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000 Riverside Blvd - Riverside Blvd.

0.32 Acres of Commercial Land Offered at $425,000 in Sacramento, CA 95822

Investment Highlights

  • City of Sacramento will allow a 9 unit apartment complex to be built
  • 14,026 square foot parcel
  • Close proximity to Interstate 5. Sacramento River bike trail and river marina across the street
  • Located directly at the entrance to riverfront Hilton hotel and Scott’s Seafood on the river
  • Located in Sacramento’s little pocket neighborhood which is a compilation of very nice homes

Executive Summary

0.32-acre lot on Riverside Blvd, zoned R-3-R is available for purchase, offering a unique development opportunity. Preliminary approval for 9 residential units in a highly sought-after area, just minutes from downtown Sacramento, the Sacramento River, and all its amenities. Ideal for developers or investors looking for prime real estate with easy access to shopping, dining, and public transportation.

Property Facts

Price $425,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.32 AC

1 Lot Available

Lot

Price $425,000
Price Per AC $1,319,904
Lot Size 0.32 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
016-0161-039
Land Assessment
$244,800
Improvements Assessment
$0
Total Assessment
$244,800

zoning

Zoning Code R-3
R-3
  • Listing ID: 33193920

  • Date on Market: 6/13/2023

  • Last Updated:

  • Address: 000 Riverside Blvd, Sacramento, CA 95822

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