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2500 Capitol - Vacant Land | Commercial/Residential MixedUse
1.17 Acres of Commercial Land Offered at $1,143,000 in West Sacramento, CA 95691
Investment Highlights
- W Capitol Ave (14,100 VPD) | Fee Simple Ownership | Rare Pad Development Opportunity | Various Permitted Uses
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
- Grocery Outlet Anchored Center | Interstate 5 (202,000 VPD) |Riverpoint Marketplace (1,088,000 SF) | Strong Retail Corridor
Executive Summary
• No landlord responsibilities
• Value-add opportunity through lease-up and development of the site
• Zoned for MU-C - Mixed use Corridor
• Allows for a mix of residential and office/commercial or single-use residential, office, or commercial, with an emphasis on non-residential uses
• This area provides for a mix of higher-density residential uses that support commercial retail and office uses along the city’s major corridors
Property Facts
| Price | $1,143,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 1.17 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $1,143,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 1.17 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,143,000 | Lot Size | 1.17 AC |
| Price Per AC | $976,923 |
| Price | $1,143,000 |
| Price Per AC | $976,923 |
| Lot Size | 1.17 AC |
• Value-add opportunity through lease-up and development of the site • Zoned for MU-C - Mixed use Corridor
Description
• Located just across W Capitol Ave from a strong Grocery Outlet anchored shopping center • Situated west of Interstate 5, which averages 202,000 vehicles passing by daily, and serves as a major north/south traveling thoroughfare within the city of Sacramento • Less than a mile south east of Riverpoint Marketplace, a 1,088,000 square foot shopping center with major tenants including a Walmart Supercenter, The Home Depot, IKEA, and more • Strong tenant synergy promotes crossover shopping to the subject property
PROPERTY TAXES
| Parcel Number | 008-462-002-000 | Improvements Assessment | $0 |
| Land Assessment | $2,124,806 | Total Assessment | $2,124,806 |
PROPERTY TAXES
zoning
| Zoning Code | MU-C (Mixed Use Corridor) |
| MU-C (Mixed Use Corridor) |
-
Stephen Sullivan -
Power Broker Matthew Mousavi -
Power Broker Patrick Luther -
SRS National Net Lease
Presented by
2500 Capitol - Vacant Land | Commercial/Residential MixedUse
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