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29857194
29857193

6500 Elvas Ave, Sacramento, CA 95819

SR
CA 02092283
Turton Commercial Real Estate
SK
Turton Commercial Real Estate
Turton Commercial Real Estate
Listed by Turton Commercial Real Estate
$2,100,000
100 days on market
Updated 35 days ago

6500 Elvas Ave

Details
APN 008-0383-026
Property Type Industrial
Sub Type Warehouse
Square Footage 9,600
Lease Type NNN
Price per SqFt $219
Year Built 1972
Lot Size (SqFt) 18,500
Zoning RMX-TO-SPD
Parking Spaces 25 spaces
Parking Per SqFt 2.60

Industrial | 9,600 SqFt

Marketing description

Sitting squarely in the middle of the thriving and rapidly growing submarket of East Sacramento, 6500 Elvas Ave (The Property") represents one of the few remaining flexible commercial opportunities in this highly sought-after area. lust 0.3 miles from Highway 50 and 65th Street, and located under 200 feet trum Hornet. Xing, the primary pedestrian entry point on the west side of Sacramento State, the Property benefits from consistent foot traffic combined with strong visibility and exposure to over 34,000 cars per day on the corner of 65th Street and Elvas Avenue.

The Property consists of an approximately 9,600 SF building along with an approximately 16,875 SF fenced-in yard, a highly unique combination for East Sacramento. The Property and its zoning allow for a wide range of retail, service, and commercial uses, while still capitalizing on the mobility and consumer activity driven by its proximity to the Sacramento State campus

Further enhancing the long term value of the Property, more than 4,600 student housing beds are located within 0.5 miles of the Property, which serve Sac State's student body of over 31,000 students

As East Sacramento continues its robust push for new housing and mixed-use development, flexible commercial spaces within walking distance of Sacramento State are incredibly scarce. Opportunities of the scale, versatility, and location rarely comer to market, making this a truly exceptional offering for brands seeking long-term positioning in one of Sacramento's fastest-growing and most dynamic districts.

This property is not just an excellent lease or sale opportunity, but a mixed-use development opportunity given its proximity to the University. By right the building parcel would allow 74,000 SF of vertical development, while the yard parcel allows for 67,500 SF of development, both with FAR41

Properties can be bundled for $2,500,000 Alsa available separately at $2,100,000 for the 19,600 SF building and $500.000 for the 16875 SF yard. Also available for lease at $1.20 per SE per month, NNN, for the building and $0.18 per SF per month, NNN, for the yard.

Investment highlights

  • Electricity: SMUD
  • Gas PG&E
  • Water/Sewage/Trash: City of Sacramento
  • Storm Drain: City of Sacramento
  • Flood Zone: Zone X, per FEMA
  • Seismic & Flood: NOT in earthquake fault zone liquefaction zone, or landslide zone; per California DES

Listing Contacts

SR
CA 02092283
Turton Commercial Real Estate
SK
Turton Commercial Real Estate
Turton Commercial Real Estate
Listed by Turton Commercial Real Estate

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Additional Information

Name
Shilo Rochelle
License
02092283
Brokerage
Turton
Brokerage Phone
9167698005
Title
Senior Director
Brokerage Address
2131 Capitol Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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