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3161 Hurley Way
1.51 Acres of Residential Land Offered at £1,027,013 in Sacramento, CA 95864
Investment Highlights
- 1.51 Acre Site Entitled for 33 Units
- Can Achieve High Density with Low SF Loss Due to Connection to Hurley & Bakula
- 3 Contiguous Parcels
- Development Potential: Multifamily, Affordable Multifamily, Senior Housing, High Density Single Family Residential
Executive Summary
The current plans consist of a total of 33 lots with various layouts consisting of 2 bed 1 bath units, 2 bed 2 bath units, 3 bed 2 bath units, and amenities such as balconies and garages. With ease of ingress / egress plans from the connection of Hurley Way to Bakula Way, the Site is able to achieve high density with a reduced amount of square footage lost to necessary streets, sidewalks, curbs, gutters, and path of travel.
The Property allows for a variety of potential development paths: Multifamily residential, Affordable multifamily, Senior housing, High density single family residential.
The Opportunity lies in the heart of the dense residential area of the Arden and Sierra Oaks vicinity, with proximity to Arden Way retailers, top tier schools such as Edison Thomas Elementary, Arden Middle School, Jesuit & Rio Americano High School, various parks, and nearby connection to highway 50, 80, and the East Sacramento & urban core.
Property Facts
| Price | £1,027,013 | Property Subtype | Residential |
| Sale Type | Investment | Total Lot Size | 1.51 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | £1,027,013 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.51 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | £1,027,013 | Lot Size | 1.51 AC |
| Price Per AC | £680,141 |
| Price | £1,027,013 |
| Price Per AC | £680,141 |
| Lot Size | 1.51 AC |
1.51 acre site entitled for 33 units of multifamily, senior housing or affordable housing development and poised for infill in the heart of the Arden Arcade neighborhood.
Description
rden Arcade’s central location places it within easy reach of all that Sacramento has to offer. Just a short drive from downtown, residents have quick access to the city’s business districts, entertainment venues, and cultural attractions. The neighborhood is also home to several shopping centers, including the iconic Arden Fair Mall, where you can indulge in retail therapy and savor diverse dining options. Whether you’re commuting to work, enjoying a night out, or simply running errands, Arden Arcade’s accessibility makes everyday life convenient and enjoyable.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £368,145 | Total Assessment | £368,145 |
PROPERTY TAXES
zoning
| Zoning Code | RD-20 (Multiple family Residential) |
| RD-20 (Multiple family Residential) |
-
Scott Kingston -
Jack Scurfield -
Turton Commercial Real Estate
Presented by
3161 Hurley Way
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