1931 30Th StSacramento, CA 95816

  • Land
  • 0.29 AC
For Sale
$2,050,000 View listing

Property Details for 1931 30Th St

Lot size
0.29 AC
Zone code
C-2-SPD
Property type
Land
Property subtype
Commercial land
APN
010-0062-019-0000
APU
1000620190000

Description

This exceptional 12,800 square foot commercial lot, located at 1931 30th Street in Sacramento, CA (95816), presents a remarkable development opportunity. Zoned C2 - SPD, this 80' x 160' vacant parcel is ideally situated at the corner of 30th and T Streets, offering convenient access to midtown and East Sacramento. The property's prime location is highly attractive to UCD Medical Center students and staff, Sutter Health employees, and public agency workers, all within walking distance. Its proximity to the freeway caters to commuters, while nearby amenities include monthly parking across the street, a light rail stop a block away, and multiple grocery stores (Safeway and Natural Foods Co-Op) a short bike ride away. This high-demand area is perfect for a high-density multi-family development. A feasibility study indicates the potential for a four-story, 38,000 square foot building with approximately 40 units. Supporting documentation includes an ALTA survey and topographic map. The asking price for this exceptional development opportunity is $2,050,000. APN: 009-0154-023.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,155,228
    Hospitality
    $3,806,166
    Educational
    $3,166,686
    Medical
    $3,275,593
    Retail
    $4,925,956
1931 30Th St, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5624
Longitude
-121.471
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,524
$727,795
-
$727,795
-
-
-
-

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