6725 Stockton - Vacant Land | Commercial/Residential MixedUse 1.51 Acres of Residential Land Offered at $1,049,000 in Sacramento, CA 95823
INVESTMENT HIGHLIGHTS
- Stockton Blvd (30,600 VPD) | Fee Simple Ownership | Rare Pad Development Opportunity | Various Permitted Uses
- Strong Demographics In 5-Mile Trade Area
- Florin Towne Center (480,000 SF) | State Hwy 99 (213,000 VPD) |Southgate Plaza (348,000 SF) | Strong Retail Corridor
EXECUTIVE SUMMARY
• Situated along Stockton Blvd, a major retail thoroughfare serving Sacramento with 30,600 vehicles passing by daily
• No landlord responsibilities
• Value-add opportunity through lease-up and development of the site
• Zoned for SPA - Special Planning Area
• Permitted uses are Residential Mixed Use and Large Lot Commercial
• Residential Mixed Use developments are defined as any development of primarily residential uses, but may include retail or commercial uses on the ground floor of the building
• Large Lot Commercial Land Use allows for the same uses as Shopping Center (SC) or Limited Commercial (LC) zoning categories of the zoning code
• No landlord responsibilities
• Value-add opportunity through lease-up and development of the site
• Zoned for SPA - Special Planning Area
• Permitted uses are Residential Mixed Use and Large Lot Commercial
• Residential Mixed Use developments are defined as any development of primarily residential uses, but may include retail or commercial uses on the ground floor of the building
• Large Lot Commercial Land Use allows for the same uses as Shopping Center (SC) or Limited Commercial (LC) zoning categories of the zoning code
PROPERTY FACTS
| Price | $1,049,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Mixed Use |
| Total Lot Size | 1.51 AC |
| Zoning | SPA - Special Planning Area |
1 LOT AVAILABLE
Lot
| Price | $1,049,000 |
| Price Per AC | $694,701.99 |
| Lot Size | 1.51 AC |
• Value-add opportunity through lease-up and development of the site • Zoned for SPA - Special Planning Area • Permitted uses are Residential Mixed Use and Large Lot Commercial
DESCRIPTION
• Less than a mile north of Florin Towne Center, a 480,000 square foot shopping mall anchored by a Walmart Supercenter • Situated east of State Highway 99, which averages 213,000 vehicles passing by daily, and serves as a major north/south traveling thoroughfare within the city of Sacramento • Less than two miles north east of Southgate Plaza, a 348,000 square foot shopping center with major tenants including dd’s Discounts, 99 Cents only, and more • Strong tenant synergy promotes crossover shopping to the subject property
1 of 1
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 040-0041-034 | Improvements Assessment | $0 |
| Land Assessment | $911,520 | Total Assessment | $911,520 |
