3000 T Street, Sacramento, CA

$1,275,000

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12,798

Square feet

0.29

Acres

About 3000 T Street

Unique covered land play on the corner of 30th and T Street in East Sacramento. 7,880 SF two-story office building situated on a 12,800 SF corner lot that extends from T Street to Tomato Alley. 160 feet of street frontage and a curb cut along 30th Street. Existing office building is 55% leased to 6 month-to-month tenants paying a combined gross rent just under $5k per month. Property is currently zoned Residential Office, but proposed 2040 General Plan will change zoning to Residential Mixed Use and increase FAR to 4.0, which allow an approx. 52,000 SF building on the site. Therefore, the rent from commercial building will offset carry and ownership costs while you plan your new project on the site. Once approved and shovel ready, demolish the building and start to develop. Priced at $1,275,000 which is approximately $99 PSF on the land.

Features of 3000 T Street

MLS® # 223089803
Price $1,275,000
Square Footage 12,798
Acres 0.29
Type Land
Sub-Type Commercial Lot
Status Pending

Community Information

Address 3000 T Street
Area 10816
City Sacramento
County Sacramento
State CA
Zip Code 95816-7274

Amenities

Utilities Public,Water Connected,Natural Gas Connected

Exterior

Lot Description Corner

School Information

Attendance Zone DAVID LUBIN ELEMENTARY SCHOOL, HIRAM JOHNSON HIGH SCHOOL, SUTTER MIDDLE SCHOOL
District Sacramento Unified
Elementary Sacramento Unified
Middle Sacramento Unified
High Sacramento Unified

Additional Information

Zoning Commercial,Residential,Retail
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

Listing Schools/Amenities

Listing Price, Sale, & Status History

Status Changed from Active to Pending