1212-1314 Del Paso Blvd

Turton Commercial Real Estate is pleased to present the opportunity to acquire a transit-oriented multifamily development site on Del Paso Boulevard in North Sacramento with the potential for up to 158 residential units. The offering consists of five contiguous parcels totaling approximately 42,334 square feet (0.97 acres) of level, unimproved land with frontage on both Del Paso Boulevard and Southgate Road. The site is zoned C-2-TO-SPD (General Commercial, Transit Overlay, Del Paso Boulevard Special Planning District), which supports high-density residential development at up to a 4.0:1 floor area ratio, roughly 169,000 buildable square feet, with reduced parking requirements and no rezone required. A 2023 conceptual site study prepared by C2K Architecture illustrates a four-story, 158-unit building with a mix of studios, one-bedroom and two-bedroom homes organized around a central courtyard.

The site is offered unentitled, giving a buyer the flexibility to shape the program, unit mix and affordability strategy to its own capital stack. A flat, cleared site requiring no major grading or demolition, standard utilities available from the surrounding grid, and a zoning framework that already contemplates dense residential use provide a clean starting point for design and entitlement. The site is especially well positioned for an affordable or mixed-income program. Current 80% AMI rent ceilings approximate achievable market rents along the corridor, so an income-restricted program sacrifices little revenue while unlocking tax-exempt bonds and LIHTC financing, State density bonus and streamlining provisions, and transit-oriented funding programs such as AHSC.

Offered at $1,495,000 ($35.31 per square foot of land, or under $10,000 per potential unit at the 158-unit concept).