Address
3000 T Street, Sacramento, CA
Price
$ 1,275,000
Property Attributes
- MLS#223089803
- TypePending
- CountySACRAMENTO
- CitySacramento
- AreaSacramento
- Zip95816
- StyleCommercial Lot
- Price$ 1,275,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size12,798 SqFt
Data Source:
MetroList MLS
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.
| Price History | |
|---|---|
| 9/18/2023 | Listed $1,275,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Public,Water Connected,Natural Gas Connected |
| Development Status | None |
| Zoning | Residential Mixed Use |
| Crops | None |
| Topography | Level |
| Property SubType | Commercial Lot |
| Current Use | Office |
| County | Sacramento |
| Property Type | Land |
| HOA / Comm Assn | No |
| Distance To Electric | Electricity To Site |
| Distance To Gas | Natural Gas To Site |
| Distance To Sewer | Sewer At Site |
| Distance To Water | Public At Site |
| Possible Use | Residential,Commercial,Single Family |
| Distance To Phone Service | Phone To Site |
| Close Price | 0.0 |
| Status | Pending |
| Directions | Located at the corner of 30th and T Streets,plenty of on-site parking available. |
| City | Sacramento |
| Buyer Agent Compensation | 2.5 |
| High School District | Sacramento Unified |
| Zoning Description | Commercial,Residential,Retail |
| MLS Area | 10816 |
| Lot Size Square Feet | 12798.0 |
| Street Name | T |
| Standard Status | Pending |
| Middle/Junior School District | Sacramento Unified |
| Elementary School District | Sacramento Unified |
| Buyer Agent Compensation Type | Percent |
Interior Features
| Street Suffix | Street |
|---|
Exterior Features
| Vegetation | None |
|---|---|
| Lot Features | Corner |
| Water Source | Public |
| Total Parking | 0.0 |
| Soil | Unknown |
| Lot Size Acres | 0.2938 |
| Lot Size Source | Assessor Auto-Fill |
| Road Frontage Type | City Street,Freeway Exposure |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 95816
Price
Visits
Walkscore
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MetroList CA data last updated: May 18, 2024 2:47 PM UTC 