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204-208 26th St - New Era Community Garden

0.37 Acres of Commercial Land Offered at £862,851 in Sacramento, CA 95816

Investment Highlights

  • Prime Commercial Land: +/- 15,972 SF property in Sacramento, CA.
  • Versatile Zoning: C-4 zoning allows for various commercial uses.
  • Investment Opportunity: Potential for development or leasing.
  • Income Producing: Existing lease generates $30,000 annual income.
  • Strategic Location: Convenient access to highways and downtown.

Executive Summary

Prime Location: Property is situated in Sacramento, CA with excellent access to major highways and downtown amenities.
Income Generating: Existing lease with Zayo, LLC provides immediate cash flow.
Versatile Zoning: C-4 zoning allows for a wide range of commercial uses.
Development Potential: Large land size offers opportunities for various development projects.
Lease Option: Portion of property available for lease, providing additional income potential.

Property Facts

Price £862,851
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
Total Lot Size 0.37 AC

1 Lot Available

Lot

Price £862,851
Price Per AC £2,353,228
Lot Size 0.37 AC

Own or lease versatile C-4 zoned property in Sacramento! +/-15,972 SF with income potential. Prime location near highways & downtown. Lease +/-11,772 SF for $2,500/month.

Description

Prime Commercial Land at 204 26th St, Sacramento, CA Overview: This exceptional commercial property, located at 204 26th St, Sacramento, CA, spans a total of +/- 15,972 SF and is divided into two parcels (APN: 003-0095-051 and APN: 003-0095-052). The land is zoned C-4, offering a versatile range of potential uses and significant income opportunities. Income Potential: Currently, a +/- 4,200 SF portion of the property is leased to Zayo, LLC, generating an annual income of $30,000. This lease includes annual increases, ensuring a reliable and growing income stream. Zoning and Usage: The C-4 zoning designation allows for a diverse array of uses, including but not limited to: Multi-unit dwellings Auto sales Equipment rental Mini storage Towing services Community gardens Manufacturing Warehouses Veterinary clinics Child care centers Location Benefits: The property boasts a prime location with easy access to downtown Sacramento, major business centers, dining, and entertainment options. It is well-connected to I-80, Business 80, and HWY 160, making it highly accessible. The surrounding community is vibrant, with a high average household income of $94,034 within a 3-mile radius, adding to the property's attractiveness. Leasing Opportunity: An additional +/- 11,772 SF portion of the property is available for lease at a rate of $2,500 per month, NNN. This offers potential tenants flexibility and the opportunity to capitalize on the property's prime location and versatile zoning. This property represents a rare opportunity to invest in a prime commercial land with significant income potential and a wide range of permissible uses in a highly desirable location.

Walk Score ®
Very Walkable (71)
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 003-0095-051
  • 003-0095-052
Land Assessment
£102,227
Improvements Assessment
£0
Total Assessment
£102,227

zoning

Zoning Code C-4
C-4
  • Listing ID: 32631846

  • Date on Market: 30/07/2024

  • Last Updated:

  • Address: 204-208 26th St, Sacramento, CA 95816

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