2651 El Centro RdSacramento, CA 95833

Property Details for 2651 El Centro Rd

Lot size

40.21 AC

Property type

Agricultural properties

Property subtype

Other land

Description

This exceptional 40.21-acre land parcel in Sacramento, CA (APN 225-0210-009-0000), presents a unique investment opportunity. Zoned MU-40, it allows for a mixed-use development encompassing agricultural, commercial, and residential components. The property boasts a prime location, just 5 miles (10 minutes) from downtown Sacramento, and is situated within a master-planned community featuring a mile-long canal for recreational use and a 30-acre park. The development plan includes seven mixed-use pads, supporting a vision of sustainable, economically beneficial growth. This urban infill project benefits from existing entitlements, a no-fly zone designation, and the potential for net-zero electricity consumption. The property is held in trust and is offered for sale with a leaseback option. The asking price is $300,000,000, translating to $875,000 per acre. The projected cash-on-cash return is 13.6%. This rare Sacramento project offers a high-density development opportunity with significant potential for long-term growth and substantial returns, enhanced by its proximity to public amenities and a planned K-14 school focused on urban farming and technology. Parking is estimated at 1,771 spaces per unit. The property is part of a larger public development with a documented history of community engagement.

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.6178

Longitude

-121.546

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