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701 Dos Rios Blvd
Sacramento, CA 95811
Land For Sale · 4.17 AC

Investment Highlights

  • 200+ unit development site in an Opportunity Zone

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Office
  • Multifamily
  • Apartment Units
Total Lot Size 4.17 AC
Zoning C-4-SPD

Description

The Subject Property is 4.17 acres of infill land on the corner of Dos Rios Street and Vine Street, in The River District Special Planning District. This presents a meaningful development opportunity of potentially 200+ units and a total building area of 181,645 SF, per current zoning and general plan. The Subject Property benefits from close proximity to several transformative development projects: • Township Nine – new ownership filed plans for more than 900 apartments, with construction expected to start in early 2021. The entire master planned community is one block away, totalling 65 acres, bordered by Fifth and Seventh streets, the American River and Richards Blvd. • The Railyards – planned projects include state-of-the-art 1.3 million SF Kaiser Permanente Medical Center on Railyards Blvd, Major League Soccer stadium on Seventh Street, and a new Sacramento County courthouse on G Street. • Mirasol Village – under construction on 487 new housing units, both market rate and affordable, at 12th Street and Richards Boulevard, along with new Sacramento Regional Transit Light Rail Blue Line Station, community park, garden, learning center, pool, and playgrounds. • State of California office complex – under construction on four new high rise buildings at Seventh and Richards and ground floor retail space. Completion is targeted for the first quarter of 2024. • SMUD Museum of Science and Curiosity – scheduled to be complete by early 2021. • The Richards Blvd Corridor that includes the Subject Property is now home to the new California Highway Patrol headquarters, the City of Sacramento headquarters, the new Greyhound Station and the Sacramento Police Department Headquarters. The site measures approximately 400 feet along Dos Rios Street and 373 feet along Vine Street. Both streets connect to the major thoroughfare, Richards Boulevard, which is an exit for Highway 160 (~1/3 of a mile to the east) and Interstate 5 (~1.2 miles to the west), providing easy access to Arden Fair Mall (3.4 miles to the east) and to Sacramento International Airport (10 miles to the northwest). Dos Rios Street also connects to 12th Street, providing a direct 1-mile route to Downtown Sacramento Central Business District and Entrainment District.

Property Taxes

Property Taxes

Parcel Number
001-0081-013
Land Assessment
$3,816,545
Improvements Assessment
$0
Total Assessment
$3,816,545
  • Listing ID: 22176931

  • Date on Market: 2/5/2021

  • Last Updated:

  • Address: 701 Dos Rios Blvd, Sacramento, CA 95811

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