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34261953
34261952

3161 Hurley Way, Sacramento, CA 95864 For Sale

SK
01485640, CA
Turton Commercial Real Estate
JS
02127988, CA
Turton Commercial Real Estate
Listed by Turton Commercial Real Estate
$1,300,000
15 days on market
Updated 15 days ago
Opportunity zone

3161 Hurley Way

Details
APN 286-0151-049-0000, 286-0151-051-0000,286-0151-050-0000
Property Type Land
Sub Type Commercial
Price per SqFt $20
Price Per Acre $860,927
Acreage 1.510
Zoning RD-20-Multiple Family Residential
Investment Type Redevelopment

Land | 1.51 acres

Marketing description

3161 Hurley Way, known as "The Sonnets", is an approximately 1.51 acre site ideally situated for multifamily, senior housing or affordable housing development and poised for infill in the heart of the Arden Arcade neighborhood. Alternatively, additional density or an affordable component to the Project may be available as the city continues to pursue affordable housing initiatives and development.

The Site consists of three contiguous parcels all with the current zoning designation of RD-20-Multiple Family Residential. The current plans consist of a total of 33 lots with various layouts consisting of 2 bed 1 bath units, 2 bed 2 bath units, 3 bed 2 bath units, and amenities such as balconies and garages.

The Property allows for a variety of potential development paths: multifamily residential, affordable multifamily, senior housing, high density single family residential, or medical (not entitled).

Investment highlights

  • Total Site Size (SF): ± 65,925 SF

Listing Contacts

SK
01485640, CA
Turton Commercial Real Estate
JS
02127988, CA
Turton Commercial Real Estate
Listed by Turton Commercial Real Estate

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