This is an opportunity to acquire the single largest and most valuable contiguous piece of land in the entire urban core. 28,913 square foot Opportunity Zone development land in the heart of Midtown, Sacramento. The property occupies the entire 19th Street frontage between J and K Street. Zoned C-2-SPD and currently includes a 16,941 SF vacant commercial building (which can be demolished) and 30 parking stalls. Primate location in the epicenter of Midtown, surrounded by the best amenities and multifamily residential projects in the entire city. City is supportive of new development with several hundred luxury residential units above ground floor retail. Opportunity Zone benefits reduce capital gains exposure if requirements are met.
Listing Agent: Jon Lang Courtesy of: Ken Turton, Broker The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 18th January, 2022 6:18 AM