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±1.33 AC - Redevelopment Opportunity 4830 J St 16,863 SF Retail Building Sacramento, CA 95819 $9,400,000 ($557.43/SF)
Investment Highlights
- Best Site in Best Submarket – Reduced Price – East Sacramento
- Up to 250 Units of development potential
- ±1.33 AC - C2 Zoning
- Residential Mixed Use (RMU) designation
Executive Summary
Positioned at the prominent intersection of 48th & J Street in the heart of Sacramento’s highly coveted East Sacramento neighborhood, 4830 J Street represents one of the last premier large-scale infill redevelopment opportunities in the submarket.
Offered at $9,400,000, the ±57,935 SF corner parcel is improved with ±16,863 SF of existing buildings and benefits from flexible C-2 zoning, Residential Mixed Use (RMU) designation, and up to 4.0 FAR—supporting a potential buildout of approximately ±231,740 square feet and 240–250 residential units.
This rare offering presents exceptional optionality for developers pursuing mid-rise multifamily, mixed-income housing, senior housing, build-for-rent condominium strategies, institutional hold opportunities, or boutique and extended-stay hospitality development. The site’s prime location—just minutes from UC Davis Medical Center, Mercy General Hospital, California State University, Sacramento, and Midtown’s vibrant commercial core—drives strong long-term housing and lodging demand.
Surrounded by affluent demographics with average household incomes exceeding $145,000 within one mile, East Sacramento is renowned for its walkability, tree-lined streets, the iconic Fab Forties, McKinley Park, and its proximity to Sacramento’s best dining, entertainment, and community amenities—making this an irreplaceable covered land play in one of Northern California’s most desirable urban neighborhoods.
Offered at $9,400,000, the ±57,935 SF corner parcel is improved with ±16,863 SF of existing buildings and benefits from flexible C-2 zoning, Residential Mixed Use (RMU) designation, and up to 4.0 FAR—supporting a potential buildout of approximately ±231,740 square feet and 240–250 residential units.
This rare offering presents exceptional optionality for developers pursuing mid-rise multifamily, mixed-income housing, senior housing, build-for-rent condominium strategies, institutional hold opportunities, or boutique and extended-stay hospitality development. The site’s prime location—just minutes from UC Davis Medical Center, Mercy General Hospital, California State University, Sacramento, and Midtown’s vibrant commercial core—drives strong long-term housing and lodging demand.
Surrounded by affluent demographics with average household incomes exceeding $145,000 within one mile, East Sacramento is renowned for its walkability, tree-lined streets, the iconic Fab Forties, McKinley Park, and its proximity to Sacramento’s best dining, entertainment, and community amenities—making this an irreplaceable covered land play in one of Northern California’s most desirable urban neighborhoods.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
16,863 SF
Building Class
B
Year Built
2007
Price
$9,400,000
Price Per SF
$557.43
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.29
Lot Size
1.33 AC
Zoning
C-2 - Commercial
Parking
65 Spaces (4.07 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Monument Signage
Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 008-0161-027 | Improvements Assessment | $6,460,000 |
| Land Assessment | $1,040,000 | Total Assessment | $7,500,000 |
Property Taxes
Parcel Number
008-0161-027
Land Assessment
$1,040,000
Improvements Assessment
$6,460,000
Total Assessment
$7,500,000
Contacts
-
Tyler Boyd -
KC Patterson -
Kevin Sheehan -
Janet Neman -
Angelica Gotzev -
Kidder Mathews
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±1.33 AC - Redevelopment Opportunity | 4830 J St
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