1340-1414 Del Paso Blvd
North Sacramento
1340-1414 Del Paso Blvd
Region: North Sacramento
Use: Land
Lot Size: 1.03 acres
Lease or Sale: Sale
Sale Price: $785,000
Turton Commercial Real Estate, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in the City of Sacramento Redevelopment Agency Successor Agency land located at 1340 Del Paso Blvd and 1400-1414 Del Paso Blvd (the “Subject Properties”).
The offering consists of four parcels of land totaling 45,000 square feet, or 1.033 acres, including one commercial building that is 3,900 square feet with exposed brick interiors. The properties are located in the City of Sacramento and are highly visible parcels located along the Del Paso Boulevard corridor, a highly accessible, transit-oriented area that caters to residential, mixed-use or commercial infill development. The Subject Properties are two blocks from the light rail.
The Subject Properties are zoned C2-TO-SPD, which permits a myriad of commercial uses ranging from single and multi-family residential units; office and retail or mixed-use development.
The ownership would prefer to sell all four contiguous parcels together to a developer who will commit to a development project that activates and adds to the character of the neighborhood.
Minimum Offer Price 1340 Del Paso: $195,000
Minimum Offer Price 1400-1410 Del Paso: $295,000
Minimum Offer Price 1410 Del Paso: $295,000