Township 9/Lot 3

Development Opportunity
819 N 7th Street, Sacramento, CA 95811
Downtown, River District
Use Land / Multifamily /
Lot Size 5.08 acres
Lease or Sale Sale,
Sale Price $11,064,200

Turton Commercial Real Estate, as exclusive advisor, is pleased to present the opportunity to acquire fee simple interest in Township 9, Lot 3, a +/- 221,284 square foot parcel located in the heart of the developing Township 9 and adjacent to The Railyards. The property is fully entitled for 190 units, with up to 500 units possible via density or unit transfer.

Township 9 | Lot 3 is arguably one of the scarcest and most desirable urban development opportunities, and is the largest fully entitled development project on the market for sale. And, remarkably, it’s located in a Federal Opportunity Zone.

Township 9 is a mixed-use, urban infill development located on the south bank of the American River in the River District of Sacramento, California. The 65-acre site is generally bounded by the American River to the north, North 5th Street to the west, Richards Boulevard to the south, and North 7th Street to the east. Access to the region is provided via Interstate 5 (a half-mile to the west), State Route 160 (a half-mile to the east), and a future light rail line between downtown Sacramento and the Sacramento International Airport. Direct access to the Central Business District (CBD)—Downtown and Midtown—is provided via 7th Street. The CBD can also be accessed via Jibboom Street and 12th Street. Not only is the CBD within walking distance, alternatives to automobile also include existing light rail and bus service and regional bicycle network access via Two Rivers Trail along the American River.

Township 9 is bordered by some of urban Sacramento’s most exciting districts: The Railyards and Downtown Sacramento, both of which are just a short walk or bike ride from the subject property. Township 9 | Lot 3 is easily one of the most important and valuable development opportunities in the Sacramento Region. Take advantage of this opportunity to develop hundreds of units with incredible views and access to urban Sacramento’s best amenities.

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