66th & Elvas Avenue

Development Opportunity
66th Street & Elvas Avenue, Sacramento, CA 95819
East Sacramento
Use Land /
Lot Size .39 acres
Lease or Sale Lease, Sale,
Leasable SF ±16,875 SF
Lease Rate $.18 SF / Month
Sale Price $500,000

Sitting squarely in the middle of the thriving and rapidly growing submarket of East Sacramento, 66th & Elvas Ave (“The Property”) represents one of the few remaining flexible commercial opportunities in this highly sought-after area. Just 0.3 miles from Highway 50 and 65th Street, and located under 200 feet from 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 16,875 SF fenced-in yard, a highly unique offering for East Sacramento. The Property and its zoning allow for a wide range of retail, service, and commercial uses, while still capitalizing on the visibility 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 this scale, versatility, and location rarely come to market, making this a truly exceptional offering for institutions 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 parcel allows for 67,500 SF of development, both with an FAR of 4:1.

Suites

Suite Yard
Use Land,
Size 16,875 SF
Rate $.18 SF/Month
Lease Type NNN

Property Details

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