Prime Sacramento State Development Site

Highlights:

• CLOSE PROXIMITY TO SACRAMENTO STATE (0.7 Miles)
• SACRAMENTO STATE IS ACTIVELY SEEKING PARTNERS TO DEVELOP OR PROVIDE OFF-CAMPUS STUDENT HOUSING WITHIN A 3-MILE RADIUS
• ALLOWED FAR OF 4.0 (188,180 SF | HEIGHT LIMIT OF 65ft)
• SACRAMENTO STATE WILL BE A PART OF THE DIVISION I FBS MID-AMERICAN CONFERENCE AS A FOOTBALL ONLY MEMBER STARTING IN 2026nto State is Planning Large Scale Upgrades, Including Plans For a New 25,000 Seat Stadium, New Basketball Arena, and a FBS bid for Football

Description:

Marcus & Millichap has been retained on an exclusive basis to arrange the sale of a 1.08 acre vacant land project located at 6620-6630 4th Ave, Sacramento, CA (“The Site”). Located footsteps away (0.7 miles) from California State University, Sacramento (“Sacramento State”), the project represents a rare and strategic development opportunity in a supply-constrained student housing submarket.

Starting in the fall of 2026, Sacramento State will begin its mandatory live-on-campus requirement for freshmen. The university has developed new residence halls to accommodate this change but still lacks the necessary housing needed. According to U.S News, approximately 89% of students live off campus. To help address the lack of student-housing, Sacramento State recently announced it is seeking partners to develop or provide student housing within a 3-mile radius of campus. Given its proximity to the university, the site presents a compelling opportunity for a purpose-built student housing development or a mixed-use project designed to serve the surrounding campus community.

Sacramento State is also experiencing significant institutional momentum. The university recently accepted an invitation to join the Mid-American Conference (MAC) as a football-only member, elevating the national profile of the program and signaling the school’s ambitions to compete at the NCAA’s highest level. This move is expected to bring increased visibility, investment, and infrastructure improvements to the campus and surrounding area.

As Sacramento State continues to expand its enrollment, athletics profile, and campus infrastructure, 6620 4th Ave is uniquely positioned to capitalize on the long-term housing demand generated by one of Northern California’s fastest-growing universities.

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