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2031-2015 K St, Sacramento, CA, 95811

2031-2015 K St, Sacramento, CA, 95811 < >
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for sale
$6,400,000
Lot Size:0.73 Acres
Status:Active
MLS #:223115971
Date Updated:
For information contact:
Lincoln Home List
530-320-5783
Get More Information
Go See This Property
21K is a 32,000 square foot fully-entitled development site in the heart of Midtown Sacramento. The offering includes three (3) contiguous parcels at the corner of 21st and K Streets, including 2015 K Street, 2025 K Street, and 2031 K Street. The site is currently entitled and approved by the City of Sacramento to build a 8-story 250,595 square foot mixed-use building featuring 296 residential units, 7,500 square feet of ground floor retail space, and 162 on-site parking stalls. The current zoning and entitlements will permit for market rate and/or senior housing, allowing a developer some flexibility with the final project. The property boasts a AAA corner location in the Lavender Heights district of Sacramento. The project is adjacent to the MARRS Building, which is considered the "epicenter" of Midtown. The Midtown Farmer's Market, which is visited by over 2,000 people each weekend, is held in front of the property. 21st Street is a main thoroughfare through the central city with over 10,000 cars each day, thereby providing huge visibility to the retail tenants. This is a once-in-a-decade opportunity!Commercial Lot
Exterior Details
Lot Size Acres: 0.7346Association: No
Association Fee: 0Horse Property: No
Topography: LevelZoning Description: Commercial, Residential, Mixed

Community Information
APN: 007-0085-013County: Sacramento
Cross Street: 21stWater Source: Public

School Details
Elementary School District: Sacramento UnifiedMiddle or Junior School District: Sacramento Unified
Senior High School District: Sacramento UnifiedSchool District (County): Sacramento

Property Information From MLS Data
Directions to Property: Located at the corner of 21st and K Streets.Elevation: 0
Development Status: See Remarks, OtherLot Features: Corner
# of Lots: 0Other Structures: Other
Special Listing Conditions: NoneSewer: Public Sewer
Vegetation: NoneView Description: None
Irrigation: NoneZoning: C-2-SPD
Lot Size Square Feet: 32000.00Crops: None
Minimum Bldg SqFt: 0Primary Residence: None
Commission To Buyer Broker: 1.5%Commission Type: %

Financial Information
Fencing: None

Utilities
Current Use: Commercial, OfficeUtilities: Public, Other
Distance To Electric: Electricity To SiteDistance To Gas: Natural Gas To Site
Road Frontage Type: Other

Listing Information Courtesy of:
Listing Co Office Name: Ken Turton, Broker
Listing Office Name: Ken Turton, Broker
Listing Agent Name: Jon M Lang
Listing Co Agent Full Name: Scott B Kingston

Jobs near 2031-2015 K St
Monthly Payment for 2031-2015 K St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$6,400,000
Down Payment:
Loan Amount:$5,120,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Jon Lang, Ken Turton, Broker
Information obtained from CAMMLS is current as of 4/28/2024 11:12 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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