7400 Folsom Boulevard, Sacramento, CA 95826

$4,100,000

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List Price
$4,100,000
Status
ACTIVE
MLS#
ML82022132
Price Change
▼ $300,000 1768289056
Property Type
Unimproved Land
Lot Size
69,696
Acres
1.60
County
Sacramento
Subdivision
Ca

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 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

Lot Description
Level, Rectangular Lot
Water Sewer
Public
Elementary School
Sacramento City Unified
High School
Sacramento City Unified

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Calculator source: Real Geeks

Listing courtesy of Kelly Rivett from Cornish & Carey Commercial. 916-569-2385

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