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Sale / Partnership Opportunity of Trophy 40-Acre Parcel For Sale

$22,000,000

El Centro Road, Sacramento, CA 95833

Active
Last Updated: 09/17/2024

40.39 acres

Lot Area

 
Details:
Lot Area:    40.39 acres
Description:

BIG Property Investments is proud to announce the sale / partnership opportunity of a trophy 40-acre parcel within Sacramento's Upper WestSide Development. The development will be an iconic destination that’s 2.5 miles from Downtown Sacramento. The 40-acre parcel will be a key area of Sacramento’s growth for both residents and tourists of the city.

Community Highlights
Approved in 2019, the Upper WestSide community is set to be the destination “live, work, play” area for Sacramento while the landscape will contain an amphitheater, an urban farm, open space town square, a man-made river with kayaks & canoes, 3M sq. ft. of commercial space for retail shopping and dining, and around 10,000 residential units including apartments, duplexes, and stand alone houses.

Parcel Specifications
The 40-acre parcel has use amounts for 968 residential units and 846k sq.ft. of commercial space. The buyer will have freedom to construct what they choose but notably, the urban framework that’s been laid has a high use of town and row homes, which has been analyzed as the most profitable course.

Timeline
The project is on schedule. All entitlement documentation has been released by the city on August 30th, 2024 including EIR reports, infrastructure plan, and urban framework. Entitlements are expected in Q1 of 2025 while infrastructure development is expected by Q3 of 2026. Initial residents for this parcel in 2027.

Map:
Documents:
Title
Offering Memorandum
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Location
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