




Price Reduced! Newmark, as the exclusive advisor, is pleased to present the opportunity to acquire 7400 Folsom Boulevard, a prime infill multifamily development site located in Sacramento, California. Located within a ¼ mile from California State University, Sacramento (CSUS), this opportunity is ideal for any investor/ developer looking to build and capitalize on the ever-growing CSUS ( currently 31,000 students), and overall demand for student/affordable/market rate housing. This level 1.6-acre parcel is visible from eastbound U.S. Highway 50 and strategically located in Sacramento's most dynamic submarkets for residential growth along the highly transit-rich Folsom Blvd corridor.
Bathrooms
0
Lot Size
69,696 sqft
Days on Market
308
HOA Fee
N/A
MLS #
ML82022132
Fencing
Electric
Lot Features
Level
Sewer
Public Sewer
Water Source
Public
$0
| Rating | School Name |
|---|---|
2 | Hiram W. Johnson High High School |
N/A | ST FRANCIS CATHOLIC HIGH SCHOOL Private School |
10 | Phoebe A. Hearst Elementary Elementary School |
N/A | LIGHTHOUSE Private School |
2 | Tahoe Elementary Elementary School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features