301 Capitol Mall
“The Shingle Springs Band of Miwok Indians bought an entire city block on Sacramento’s Capitol Mall, the grassy avenue with landmarks the Tower Bridge and the State Capitol on either end. The tribe bought the land at 301 Capitol Mall for $17 million from CalPERS. Turton Commercial Real Estate represented CalPERS in the sale of the property, specifically brokers Ken Turton, Scott Kingston, and Matt Axford.” – April 2024
301 Capitol Mall is easily the most iconic, important and valuable development opportunity in California’s Sacramento Region. 301 is the introduction to the City of Sacramento. It is the entrance, the gateway, the anchor opposite the Capitol itself. It is the most prominent piece of property on Capitol Mall.
The Property is in an opportunity zone and features an unmatched AAA location along with Sacramento’s most flexible commercial zoning, and the open configuration offers numerous possible projects including apartments, hotel, office, townhomes, and/or mixed-use with ground floor retail, live/work.
301 is located with immediate accessibility to Interstate 5, five minutes from Highway 50 and Interstate 80 and approximately 15 minutes from the Sacramento International Airport.