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2701 Broadway Broadway 0.29 Acres of Commercial Land Offered at $2,816,221 CAD in Sacramento, CA 95818
Investment Highlights
- 31 Units Entitled
- Broadway is Seen by Many as the Next Major Downtown Ccorridor
Executive Summary
2701 Broadway is incredibly rare, and is the only fully entitled Broadway Corridor infill development site on the market for sale, located in urban Sacramento’s most desirable development corridor.
The Property conveniently sits in the heart of the Broadway Corridor in Midtown Sacramento. The Property is within a short walk or bike ride of more than 100 restaurants, bars, art galleries and entertainment venues. The Property provides walkability to the entire Sacramento urban core.
Any other potential development project would require at least eighteen months of approvals. Take advantage of the only fully entitled prime development opportunity on the market along the growing and thriving Broadway Corridor.
Property Facts
| Price | $2,816,221 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.29 AC |
| Zoning | C-2-SPD | ||
| Price | $2,816,221 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.29 AC |
| Zoning | C-2-SPD |
1 Lot Available
Lot
| Price | $2,816,221 CAD | Lot Size | 0.29 AC |
| Price Per AC | $9,583,938.78 CAD |
| Price | $2,816,221 CAD |
| Price Per AC | $9,583,938.78 CAD |
| Lot Size | 0.29 AC |
2701 Broadway, an architecturally stunning, fully entitled five (5) story, 31 unit multifamily development site in urban Sacramento.
Description
On the cusp of Land Park and Southside Park neighborhoods, but soon to be a destination all its own, Sacramento’s East Marina district, as a portion of the Broadway Corridor, is coming alive. Several key investment/developments have been made nearby and the path of progress is beginning to accelerate. The street improvement program, the Broadway/WestSac Bridge, development of numerous high-end mixed-use projects and new retail/restaurant amenities are all helping to breathe new life into this iconic blvd. City Councilman Steve Hansen says he sees Broadway as the next major downtown corridor to modernize now that K Street and R Street are maturing corridors. “The opportunities really abound here” Hansen said.
Property Taxes
| Parcel Number | 010-0241-025 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,263,045 CAD | Total Assessment | $1,263,045 CAD |
Property Taxes
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2701 Broadway Broadway
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