1931 30Th StSacramento, CA 95816
- Land
- 0.29 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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