8016 Stevenson Ave - 8016 Stevenson Avenue 2.65 Acres of Residential Land Offered at $1,814,866 CAD in Sacramento, CA 95828

2.65 Acres RD-30 Multifamily Development Opportunity,
APNs 115-0202-018 & 115-0202-019 Sacramento, CA.
This offering presents a rare chance to acquire two contiguous parcels totaling 2.65 acres, strategically located in one of Sacramento’s most active and well-connected growth corridors. Zoned RD-30, the site supports high-density multifamily development and is ideally suited for developers, builders, and long-term investors seeking a strong infill opportunity with excellent fundamentals.
The property is surrounded by major national retailers including Costco, Sam’s Club, Lowe’s, Target, and CarMax, creating a high-traffic environment with strong consumer draw. This retail presence enhances the long-term desirability of the site for future residents and supports strong rental demand. The parcels are level, regular-shaped, and offer efficient design potential for a variety of multifamily configurations.
The location benefits from exceptional connectivity. Highway 99, light rail stations, and multiple public transit routes are all within close proximity, providing convenient access for commuters and supporting long-term occupancy stability. The surrounding neighborhood includes schools, parks, and a community college, making the area attractive to families, students, and workforce renters. Essential services such as hospitals, police, and storage facilities are also nearby, adding to the site’s appeal.
This corridor has experienced consistent growth driven by population increases, retail expansion, and strong demand for quality rental housing. Sacramento continues to attract residents from the Bay Area and other regions seeking affordability, employment opportunities, and improved quality of life. As a result, multifamily development sites with strong zoning and infill characteristics are increasingly limited, making this offering particularly compelling.
Both parcels are being sold together, providing maximum flexibility for site planning, density optimization, and phased development strategies. The RD-30 zoning allows for high-density residential uses, giving developers the ability to design a project that aligns with market demand and city housing goals. The site’s size and shape support efficient layouts, potential amenity integration, and strong unit yield.
This is an excellent opportunity for developers seeking a shovel-ready infill location or investors looking to secure a valuable land position in a high-growth Sacramento submarket. With strong surrounding demographics, robust retail anchors, and excellent transportation access, the property offers long-term upside and the potential to deliver a high-performing multifamily community.
Overall, this 2.65-acre assemblage represents a strategic acquisition for those looking to capitalize on Sacramento’s continued expansion and the region’s increasing demand for well-located, high-density housing. The combination of zoning, location, visibility, and surrounding amenities makes this a standout opportunity in today’s market.