Prime Sacramento State Development Site

$1,850,000

6620 4th Avenue, Sacramento, CA 95817

For Sale

Land Commercial

Active

Last Updated: 06/04/2025

Details:

Lot Area: 1.08 acres

Zoning: C-2-TO

Permits: No

Buildable Area: 188,180 sqft

Seller Financing: No

Opportunity Zone: No

Offered by

Christopher K. Drake

Senior Associate

M&M Sacramento

#CA 01963228

Request Info to Unlock

Highlights:

Situated just minutes from Sacramento State (0.7 miles)
Opportunity to Capitalize on Student Housing Demand Close to Sacramento State as the School Continues to Grow
Allowed FAR of 4.0 (188,180 SF | Heigh Limit of 65ft)
Sacramento 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 6620 4th Ave, Sacramento, CA (“The Site”). Located footsteps away (0.7 miles) to Sacramento State University (“Sac State”), this parcel represents a rare and strategic development opportunity in a high-demand submarket poised for significant growth.

This site is well positioned to benefit from the university’s continued expansion and the increasing need for student-focused housing and amenities. With the ongoing transformation of the campus and surrounding community, 6620 4th Ave stands as a prime candidate for a purpose-built student housing development or a mixed-use project.

Sacramento State is actively pursuing major capital projects that will significantly boost the university’s profile and infrastructure, including: A new Hornet Stadium designed to accommodate a minimum of 25,000 fans. Plans include improved seating, enhanced sightlines, premium boxes, and multi-sport functionality with potential use by Sacramento Republic FC and Rugby. Athletic program ambitions, with stated intentions to elevate to a Football Bowl Subdivision (FBS) conference such as the Western Athletic Conference (WAC) or Pac-12.

Per US News, an estimated 89% of students live off-campus. This persistent housing demand, is also evidenced by a current waitlist of over 600 upper-division students seeking on-campus or nearby housing options. With these developments underway, this parcel is uniquely positioned to appreciate in value and serve the future needs of the expanding student population and university community. Don’t miss out on this rare opportunity to secure a foothold in one of Sacramento’s most dynamic and fast-evolving areas.