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!
MLS #
ME223115971
MLS Source
MetroList Services, Inc.
Days on Site
346
Development Status
Other
Existing Structures
Other
Fencing
None
Present Use
Commercial, Office
Utilities
Other, Public Utilities, Other, Public Utilities, Water - Public
Sewer
Public Sewer
Water
Public
Zoning
C-2-SPD
Listing Agent
Jon Lang
Ken Turton, Broker
License #: 01934934
Phone: (916) 710-0753
Co-Listing Agent
Scott Kingston
License #: 01485640
Phone: –
2031 K St is in Sacramento, CA 95811. This Land is currently priced at $6,400,000.
This address can also be written as 2031 K St, Sacramento, CA 95811.©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of June 13, 2024. For the most current information, please contact Jon Lang, (916) 710-0753