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31563890
31563886

6333-6341 Stockton Blvd, Sacramento, CA 95824 For Sale

KB
CA 02152565, CA CA-02152565
Turton Commercial Real Estate
KT
CA 01219637
Turton Commercial Real Estate
Listed by Turton Commercial Real Estate
$3,250,000
109 days on market
Updated 19 days ago

Liberty Plaza

Details
Property Type Retail, Multifamily (+1)
Sub Type Storefront, Commercial (+1)
Square Footage 3,787
NOI $70,000
Tenancy Multi
Lease Type NNN
Price per SqFt $32
Buildings 1
Stories 1
Acreage 2.330
Zoning C-2-SPD
Investment Type Redevelopment

6333 - 6341 Stockton Blvd, Sacramento, CA 95824

Marketing description

Liberty Plaza represents a rare opportunity to acquire a scaled infill development site with immediate income, flexible timing, and long-term multifamily or mixed-use upside in one of Sacramento's most active transitional corridors.

The Property consists of a 2.33 AC (101,495 SF) parcel improved with a 3,787 SF single-story retail building occupied by three tenants on triple-net leases. Producing approximately $70,000 in annual net operating income, the existing improvements create a true covered land play – allowing a buyer to offset holding costs while planning for the site's eventual redevelopment. The real value proposition lies in the balance of the site: a substantial amount of largely unimproved land positioned for multifamily and/or mixed-use development, with the existing retail footprint becoming available for incorporation into a larger development plan as the current leases mature.

The area serves as the epicenter of Sacramento's Asian Pacific Islander community and is widely known for its concentration of authentic restaurants, neighborhood-serving businesses, and strong local identity. The corridor is supported by an established Business Improvement Area and the Stockton Boulevard Specific Plan.

Investment highlights

  • Covered Land Play with Future Mixed-Use Development Potential
  • +- 2.33 Acres / +-101,495 SF parcel
  • Purchase Price: $3,250,000 / $32 PSF (Land Value)
  • +-3,787 SF single-story retail building occupied by three NNN tenants
  • $69,324 NOI providing immediate income to offset holding costs
  • Zoning: C-2-SPD - General Plan Land Use: Residential Mixed Use
  • Development Potential: Up to +- 200,000 SF
  • Maximum Floor Area Ratio (FAR): 2
  • Minimum Residential Density: 15 Dwelling Units Per Net Acre
  • Located at the corner of Stockton Blvd (>81.8K CPD) and Elder Creek Rd (>61K CPD)
  • 10-minute drive to Aggie Square and UC Davis Medical Center
  • Located within the Stockton Boulevard Specific Plan corridor
  • Supported by an established Business Improvement Area

Listing Contacts

KB
CA 02152565, CA CA-02152565
Turton Commercial Real Estate
KT
CA 01219637
Turton Commercial Real Estate
Listed by Turton Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,000.00
$5,833.33/mo

Valuation Metrics

0
DSCR
2.15%
Cap Rate
2.15%
ROI

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Additional Information

Name
KIMIO BAZETT
License
02152565
Brokerage
Turton Commercial Real Estate
Brokerage Phone
9165733315
Title
Director
Brokerage Address
2131 Capitol Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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