3000 T ST, Sacramento, CA 95816 – 223089803

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$1,275,000

Est. payment - /mo

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0.29 Acres Lot

Pending

3000 T ST Sacramento, CA 95816

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Dean & Crystal Souza

homes@souzateam.com +1(510) 881-1761

UPDATED:

08/19/2024 10:00 PM

Key Details

Property Type Commercial

Sub Type Commercial Lot

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 223089803

HOA Y/N No

Originating Board MLS Metrolist

Lot Size 0.294 Acres

Acres 0.2938

Property Description

Unique covered land play on the corner of 30th and T Street in East Sacramento. 7,880 SF two-story office building situated on a 12,800 SF corner lot that extends from T Street to Tomato Alley. 160 feet of street frontage and a curb cut along 30th Street. Existing office building is 55% leased to 6 month-to-month tenants paying a combined gross rent just under $5k per month. Property is currently zoned Residential Office, but proposed 2040 General Plan will change zoning to Residential Mixed Use and increase FAR to 4.0, which allow an approx. 52,000 SF building on the site. Therefore, the rent from commercial building will offset carry and ownership costs while you plan your new project on the site. Once approved and shovel ready, demolish the building and start to develop. Priced at $1,275,000 which is approximately $99 PSF on the land.

Location

State CA

County Sacramento

Area 10816

Zoning Residential Mixed Use

Direction Located at the corner of 30th and T Streets, plenty of on-site parking available.

Exterior

Utilities Available Public, Water Connected, Natural Gas Connected

Water Access Desc Public

Topography Level

Road Frontage City Street, Freeway Exposure

Building

Lot Description Corner

Sewer Public Sewer

Water Public

Schools

Elementary Schools Sacramento Unified

Middle Schools Sacramento Unified

High Schools Sacramento Unified

School District Sacramento

Others

Senior Community No

Tax ID 010-0131-025-0000

Special Listing Condition None

Listed by Ken Turton, Broker

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Dean & Crystal Souza

Broker Associate | License ID: 00967442/A0874043

+1(510) 881-1761

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3000 T ST Sacramento, CA 95816

Dean & Crystal Souza

Key Details

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