About 7400 Folsom Blvd
Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 7400 Folsom Boulevard, a prime infill multifamily development site located in Sacramento, California. Located within a ¼ mile from California State University, Sacramento (CSUS), this opportunity is ideal for any investor/ developer looking to build and capitalize on the ever-growing CSUS ( currently 31,000 students), and overall demand for student/affordable/market rate housing. This level 1.6-acre parcel is visible from eastbound U.S. Highway 50 and strategically located in Sacramentos most dynamic submarkets for residential growth along the highly transit-rich Folsom Blvd corridor.
Features of 7400 Folsom Blvd
| MLS® # | ML82022132 |
|---|---|
| Price | $4,400,000 |
| Acres | 1.60 |
| Type | Residential Lots and Land |
| Sub-Type | Residential Development Land |
| Status | Active |
Community Information
| Address | 7400 Folsom Blvd |
|---|---|
| Area | Sacto Rosemont/College Greens/Mayhew - 10826 |
| City | SACRAMENTO |
| County | Sacramento |
| State | CA |
| Zip Code | 95826 |
Amenities
| Utilities | Electricity - On Site, Gas - On Site, Public Utilities |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Grade - Level, Regular |
|---|
Additional Information
| Zoning | C-2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Kelly Rivett |
|---|---|
| Office | Cornish & Carey Commercial |
| Contact Info | 916-569-2385 |