1801 21st St
Sacramento, CA 95811
Land For Sale · 2.80 AC

The Zoning for the Site is C2-SPD. Zoning - "by right"- allows for an FAR of 3.0. With this said, the potential for more density is highly likely. The General Plan is in the process of being amended to simplify the General Plan and to also increase the allowable density. General Plan 2040 is slated to be finalized by the 3rd quarter of 2023. More detail is included in the Deal Vault of this offering. Immediately north of the Site at the NEC of 21st and Q, the 53,000 Parcel has a 3.0 FAR but the developer of this parcel is seeking an FAR density of 4.6. Given the density permitted for recent developments in the market, it is likely that the increased density will be approved. Assuming that the FAR for the subject property is increased to 4.5 to 6.0, then the allowable development would range from 550,000 SF to 732,000 SF of development. Directly across the street from the site is the Press Apartments that consists of 277 Units. The Press was built in 2020, and the density of this development is well within the guidelines of the current general plan. There are multiple developments in the Midtown and Downtown markets that have densities that exceed the General Plan allotment. The property site is located within a block of the 23rd Street Station light rail Stop. The City is very focused on Transit Oriented Developments.