Multifamily Land in South Sacramento — Sale in Sacramento, CA

  • Price: $2.5M
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Sacramento, CA 95823

Description

5 Acres Multifamily Development Site in South Sacramento The offering at 7270–7298 Stockton Boulevard represents a rare opportunity to acquire a unified 5.1‑acre development site strategically positioned within one of South Sacramento’s most active and rapidly evolving commercial corridors. Formerly marketed as two separate parcels, the property has now been repositioned to highlight its strongest and most market‑responsive use: a high‑density, garden‑style multifamily community supporting approximately 140– 175 units. This aligns with Sacramento County’s broader objectives for increased housing production within designated Mixed Use Corridors. The site benefits from LC (Light Commercial) zoning, flat topography, excellent visibility, and immediate proximity to transit, employment, and retail amenities. Its location along the Stockton Boulevard corridor provides strong long‑term fundamentals, supported by continuous reinvestment and residential demand in the surrounding neighborhoods. One parcel previously secured entitlement approval for a 38‑units for‑rent townhome subdivision. Instead, the greatest value lies in re‑entitling the combined acreage into a cohesive multifamily development. Priced at $2,450,000—approximately $11 per square foot or $14,000–$17,000 per potential multifamily unit—the property offers compelling land basis advantages compared to competing sites in the region. This consolidated 5.1‑acre platform provides developers with economies of scale, streamlined planning potential, and the flexibility to pursue a high‑impact housing project aligned with Sacramento’s evolving growth trajectory.

Market Context

This land in Sacramento, CA is listed for sale at $2,450,000. It has been on the market for 196 days. Compare it against other land listings for sale in Sacramento, CA — view the full market.

Contact

Explore this market

Similar Commercial Land for Sale in Sacramento, CA