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Investment Highlights

  • 5.59 AC Infill Development | Advanced Entitlements | 5-Pad Retail + Medical Project | Priced Below Replacement Basis | $3.95M
  • Parcel 2: ±0.96 AC – Restaurant/Retail (±7,000 SF)
  • Parcel 4: ±1.90 AC – ±65,000 SF Medical / Convalescent Facility
  • Parcel 1: ±0.97 AC – Retail (±4,800 SF)
  • Parcel 3: ±0.93 AC – Drive-thru Restaurant (±3,300 SF)
  • Parcel 5: ±0.74 AC – Existing building (cold shell)

Executive Summary

Rare opportunity to acquire a 5.59-acre infill development site in the heart of Sacramento’s highly sought-after Arden-Arcade retail corridor. Strategically located along Howe Avenue, one of the region’s primary commercial corridors, the property offers strong visibility, central access, and proximity to Arden Fair Mall, Cal Expo, and Sacramento State.
The project has already completed a significant portion of the entitlement process, including an approved tentative parcel map for a 5-parcel development. The proposed site plan includes a dynamic mix of retail, restaurant, drive-thru, and medical uses, positioning the project to serve both local demand and regional traffic.

Data Room Click Here to Access

Property Facts

Price $5,413,119 CAD
Sale Type Investment
Sale Conditions
Redevelopment Project
  • Building in Shell Condition
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Tienda de conveniencia
  • Drugstore
  • Fast Food
  • Healthcare
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Strip Centre
  • Supermarket
Total Lot Size 5.59 AC
No. Stories 1
Zoning LC - Light Commercial

1 Lot Available

Lot

Price $5,413,119 CAD
Price Per AC $968,357.67 CAD
Lot Size 5.59 AC

5.59 acres site approved for development of 5 parcels consisting of 2 retail buildings, 1 drive through restaurant, a two-story 65,345 square foot convalescent hospital, and existing 10,395 square foot office building.

Description

Rare opportunity to acquire a 5.59-acre infill development site in the heart of Sacramento’s highly sought-after Arden-Arcade retail corridor. Strategically located along Howe Avenue, one of the region’s primary commercial corridors, the property offers strong visibility, central access, and proximity to Arden Fair Mall, Cal Expo, and Sacramento State. The project has already completed a significant portion of the entitlement process, including an approved tentative parcel map for a 5-parcel development. The proposed site plan includes a dynamic mix of retail, restaurant, drive-thru, and medical uses, positioning the project to serve both local demand and regional traffic. Planned Development Program: Parcel 1: ±0.97 AC – Retail (±4,800 SF) Parcel 2: ±0.96 AC – Restaurant/Retail (±7,000 SF) Parcel 3: ±0.93 AC – Drive-thru Restaurant (±3,300 SF) Parcel 4: ±1.90 AC – ±65,000 SF Medical / Convalescent Facility Parcel 5: ±0.74 AC – Existing building (cold shell) With major entitlement work already completed, the project offers a clear and accelerated path toward final map recording and improvement plan approvals, allowing a developer to significantly reduce timeline and entitlement risk compared to typical infill opportunities. This is an ideal opportunity for: Retail and pad developers Medical / healthcare developers Owner-users seeking a strategic infill location Investors looking to complete entitlements and capitalize on increased land value The site also offers flexibility for phased development or potential disposition of individual parcels, allowing multiple exit strategies.

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 285-0101-021
  • 285-0101-025
  • 285-0101-028
  • 285-0101-024
  • 285-0101-023
  • 285-0101-026
  • 285-0101-029
  • 285-0101-027
  • 285-0101-022
Land Assessment
$3,663,874 CAD
Improvements Assessment
$179,553 CAD
Total Assessment
$3,843,428 CAD
  • Listing ID: 28532871

  • Date on Market: 2023-05-19

  • Last Updated:

  • Address: 1420 Howe Ave, Sacramento, CA 95825

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