7400 Folsom Boulevard, Sacramento, CA, CA 95826

$4,100,000

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List Price
$4,100,000
Price Change
▼ $300,000 1768290529
Status
ACTIVE
MLS#
ML82022132
County
Sacramento
Lot Size (acres)
1.6
Days on Market
310
Property Type
Land

Property Description

Price Reduced! Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 7400 Folsom Boulevard, a prime infill multifamily development site located in Sacramento, California. Located within a ¼ mile from California State University, Sacramento (CSUS), this opportunity is ideal for any investor/ developer looking to build and capitalize on the ever-growing CSUS ( currently 31,000 students), and overall demand for student/affordable/market rate housing. This level 1.6-acre parcel is visible from eastbound U.S. Highway 50 and strategically located in Sacramento's most dynamic submarkets for residential growth along the highly transit-rich Folsom Blvd corridor.

Additional Information

Parcel Number
07902220210000
Lot Features
Level
Utilities
Electricity Available
Sewer
Public Sewer
Water
Public
School District
Sacramento City Unified
Utilities
Electricity Available

Listing courtesy of Listing Agent: Kelly Rivett (kelly.rivett@nmrk.com) from Listing Office: Cornish & Carey Commercial.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.