Site 301 | Grower's District Opportunity FOR SALE


Sacramento, CA - Central Sacramento
$1,800,000 USD
916-573-3308
, Sacramento, CA for Sale
$1,800,000 USD
FOR SALE
1/7
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Site 301 | Grower's District Opportunity
Sacramento, CA
Central Sacramento


HIGHLIGHTS

  • Assemblage of seven parcels totaling approximately 1.1 acres
  • Opportunity Zone tax-advantaged location
  • Below-replacement-cost acquisition opportunity
  • Positioned within a district experiencing billions of dollars in surrounding investment
  • Existing Flexible occupancy options for owner-users or tenantscrane included
  • Strong visibility and traffic counts along a major Sacramento corridor

OVERVIEW

Turton Commercial Real Estate is pleased to offer 301 N. 16th Street, a Grower’s District development, priced for sale at $1.8M ($93/SF), and for lease at $0.75/SF. The Property offers ± 19,345 SF of flexible warehouse and creative space with a total of ± 32,185 SF (± .79 acre) yard. Priced at $0.75 PSF NNN, the Property includes a gantry crane, large sliding doors, a 15 foot roll-up door and two cooler units, ideal for light industrial, food-hall concepts, or adaptive redevelopment. The site delivers immediate street presence with ~332 linear feet along 16th Street (~21,000 cars/day) and supports long-term upside including a potential 77-unit redevelopment envelope. Spaces are divisible (smallest available is ~2,000 SF) and can be combined to suit tenant needs.

ASK ABOUT THIS PROPERTY

Matt AxfordTurton Commercial Real EstateMore Info
916-573-3308

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Matt AxfordTurton Commercial Real EstateMore Info
916-573-3308

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.