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2599 Arena Boulevard, Sacramento, CA 95834
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$5,650,000
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Home Details for 2599 Arena Boulevard
Price
$5,650,000
Type
Lots/Land
Lot Size
10.13
County
Sacramento
MLS®️ Listing#
225074724
On exitrealty.com
195 days
Property Description
Opportunity to acquire a prime 10.13-acre site for development of muiltifamily apartments or single-family homes. 2549 Arena Blvd provides a strategic investor or developer an opportunity to acquire a desirable, fully entitled site with the flexibility to modify plans to create their vision given the range of options available for the site. Located in the highly amenitized and rapidly expanding North Natomas submarket, the site is conveniently less than 5 miles from Downtown Sacramento and 6 miles to Sacramento International Airport (SMF). The site has approved entitlements to construct a 282-unit luxury apartment community, called Arena Brownstone Living. The project is a mix of (32) studios,(150) one-bedroom one-bathroom and (100) two- bedroom two- bathroom units. The site also has conceptual site plan and designs for (191) for-sale single-family residential townhomes. The City of Sacramento updated the General Plan, and zoning allows for a higher density project with a maximum Floor to Area Ratio (FAR) of 4.0. The site's configuration on Arena Blvd and E Commerce Way provides landmark identity and high visibility. This site's location makes it a prime opportunity for residential development.
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Listing Courtesy: CBRE Inc. - 916-446-6800. Presented by: Patrick D. Stelmach
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of MetroList Services, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. MetroList Services does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Information deemed reliable but not guaranteed. Copyright ©2025 MetroList Services, Inc.CA DRE# 01520140. Kris Klair Broker
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)
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$5,650,000
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EXIT CAPITAL REALTY
2100 Watt Ave Suite #140, Sacramento, CA 95825
CA DRE# 02236377. Sam Samadi Broker (CA DRE# 01520140. Kris Klair Broker)