6779 Q St
Sacramento, CA 95819
6779 Q St · Land For Sale
·
1.24 AC
INVESTMENT HIGHLIGHTS
- Located less than a half mile from CSU Sacramento
EXECUTIVE SUMMARY
CBRE is pleased to present the opportunity to acquire a prime ±1.24-acre multifamily development opportunity, proximate to CSU Sacramento located at 6779 Q Street in Sacramento, California.
The site is conveniently located less than a half mile from CSU Sacramento, approximately 150 feet from the University/65th Street Light Rail Station and directly along Highway 50 with clear visibility; this site’s irreplaceable location makes it a prime opportunity for several different multifamily housing developments. Additionally, given its proximity to the light rail station, it is a likely candidate for “Transit-Oriented Development (TOD).” 6779 Q Street provides a developer an opportunity to acquire one of the most desirable sites available today with the flexibility to create their vision given the range of options available for the site.
The site is conveniently located less than a half mile from CSU Sacramento, approximately 150 feet from the University/65th Street Light Rail Station and directly along Highway 50 with clear visibility; this site’s irreplaceable location makes it a prime opportunity for several different multifamily housing developments. Additionally, given its proximity to the light rail station, it is a likely candidate for “Transit-Oriented Development (TOD).” 6779 Q Street provides a developer an opportunity to acquire one of the most desirable sites available today with the flexibility to create their vision given the range of options available for the site.
PROPERTY FACTS
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 1.24 AC |
1 LOT AVAILABLE
Lot
| Lot Size | 1.24 AC |
The site has approved entitlements for a 75-unit affordable housing project, income-restricted to 60-80% of area median income (AMI). The site also has conceptual plans for a 104-unit project and approved but expired entitlements for a mixed-use stud
PROPERTY TAXES
| Parcel Number | 015-0010-043 | Improvements Assessment | $0 |
| Land Assessment | $3,797,460 | Total Assessment | $3,797,460 |
ZONING
| Zoning Code | RMX-TO-SPD (Residential Mixed-Use , Transit Oriented, Specific Plan District) |
