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201 N St
Sacramento, CA 95814
Lot X · Land For Sale · 2.58 AC

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INVESTMENT HIGHLIGHTS

  • Rare full-block development opportunity on Capitol Mall—Sacramento’s most iconic and prestigious corridor
  • Flexible zoning supports residential, hospitality, commercial, office, or mixed-use development
  • Strategic location with immediate access to Golden 1 Center, the State Capitol and all major freeways
  • ±112,517 SF site zoned C-3-SPD with no height limit, 15:1 FAR, and capacity for 1,150+ residential units
  • Interim revenue potential from ±181 parking stalls, with potential event parking generating over $420,000 annually
  • Unmatched 360-degree views of the State Capitol, Tower Bridge, Sacramento River, and city skyline

EXECUTIVE SUMMARY

To access the Offering Memorandum, please fill out the Confidentiality Agreement. Once completed, you’ll be given immediate access. lotxsacramento.com
Turton Commercial Real Estate is proud to present the rare opportunity to acquire Lot X—a ±112,517 square foot parcel of undeveloped land positioned at the front door of Sacramento’s most iconic address: Capitol Mall.
Lot X is the last remaining development site on Capitol Mall, offering a generational opportunity to shape the skyline and leave a lasting legacy in the heart of California’s capital city. Encompassing an entire city block (±2.58 acres), the site sits at the ceremonial entrance to Downtown Sacramento, where the Tower Bridge delivers a dramatic procession into Capitol Mall’s grand corridor.
Bounded by Capitol Mall to the north, N Street to the south, Interstate 5 to the west, and 3rd Street to the east, Lot X boasts unobstructed views to the Sacramento River, Golden 1 Center, and the State Capitol - three of Sacramento’s most defining landmarks.
Its location is without peer. Just blocks from Golden 1 Center, the Downtown Commons (DOCO), Sutter Health Park, The Bridge District, Crocker Art Museum and Park, and the historic Old Sacramento Waterfront, Lot X is located in the epicenter of the cultural, civic, and commercial core of the region. It lies only minutes from Interstates 5, 80, and Highway 50, and just 15 minutes from Sacramento International Airport.
Capitol Mall is widely regarded as Sacramento’s most prestigious address, home to a significant share of the region’s Class A office space, top law and financial firms, and state government institutions including the California State Capitol.
Lot X is not just the last piece of undeveloped land on Capitol Mall—it is the most important development opportunity in the region. A true legacy site, Lot X offers a once-in-a-generation chance for a visionary developer to make their mark on Sacramento’s most symbolic and storied boulevard.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Hotel
Total Lot Size 2.58 AC
Cross Streets 3rd st.
Zoning C-3-SPD

1 LOT AVAILABLE

Lot

Price $19,950,000
Price Per AC $7,732,558.14
Lot Size 2.58 AC

Lot X is a ±112,517 SF undeveloped parcel spanning a full city block at the entrance to Capitol Mall, offering unmatched visibility, access, and development potential in the heart of Sacramento.

DESCRIPTION

Lot X is zoned C-3-SPD, the most flexible and powerful zoning designation in the City of Sacramento. It features no maximum height limit, enabling visionary developers to reach for the skyline. With a maximum density of 450 dwelling units per acre and a 15:1 FAR, the site supports more than 1,150 residential units by right—along with robust opportunities for retail, commercial, and office uses. No other zoning designation in Sacramento offers this combination of scale, density, and flexibility.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 006-0135-028
  • 006-0135-030
  • 006-0135-029
Land Assessment
$17,775,232
Improvements Assessment
$0
Total Assessment
$17,775,232
  • Listing ID: 35891958

  • Date on Market: 5/16/2025

  • Last Updated:

  • Address: 201 N St, Sacramento, CA 95814

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