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Turton Commercial Real Estate
Turton Commercial Real Estate
Turton Commercial Real Estate
Property Details
- Property Type Multi-Family
- Property Size 7,614 SF
- Units 296
- Lot Size 0.73 Acre
- Zoning C-2-SPD
- Parking Spaces Avail. 162
- Parking Ratio 21.28 / 1,000 SF
- Building Class C
- Year Built 1961
- Date Updated Oct 19, 2026
Turton Commercial Real Estate, as exclusive advisor, is pleased to present the opportunity to acquire fee simple interest in 21K, a ± 32,000 SF parcel located at the northwest corner of 21st and K Streets in the heart of Midtown, Sacramento.
As the largest fully entitled development site currently on the market, 21K stands out as a generational opportunity in one of Sacramento’s most supply-constrained and highly sought after neighborhoods. The Property spans more than a quarter block across three parcels and is fully entitled for 296 residential units totaling 250,595 SF – yielding a rare 7.83:1 FAR under its flexible C-2-SPD zoning. This designation allows for dense residential, commercial, retail, and office uses, giving future developers a wide range of options.
The Property currently generates approximately $16,000 per month ($192,000 annually) in parking income, offering interim cash flow while development plans are advanced.
Reach out to the broker for more info on lease terms and amenities
Getting around
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98/100
Walk Score ®
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53/100
Transit Score ®
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98/100
Bike Score ®
Location
- City Sacramento, CA
- Neighborhood Midtown - Winn Park - Capital
- Zip Code 95811
- Market Sacramento
Points of Interest
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23rd Street
0.62 miles
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16th Street
0.68 miles
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13th Street
0.84 miles
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Alkali Flat/La Valentina
0.84 miles
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29th Street
0.89 miles
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St. Rose of Lima Park
0.92 miles
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8th & K
1.00 miles
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8th & H/County Center
1.02 miles
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8th & Capitol
1.02 miles
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8th & O
1.04 miles
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Arco
0.60 miles
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ChargePoint
0.64 miles
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Shell
0.65 miles
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Chevron
0.72 miles
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SMUD
0.85 miles
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76
0.86 miles
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Stop and Shop
1.07 miles
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One Stop Gas
1.14 miles
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EVgo
1.48 miles
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Rivian
2.22 miles
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East End Garage
0.35 miles
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CVS Parking
0.43 miles
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Memorial Garage
0.52 miles
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park
0.61 miles
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ACE Parking
0.64 miles
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Lot D
0.67 miles
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Sutter Hospital Lot A
0.68 miles
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Sutter Hospital Lot B
0.68 miles
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R Street Parking Plaza
0.70 miles
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Public Parking
0.75 miles
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Amber House Inn of Midtown
0.25 miles
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Residence Inn by Marriott Sacramento Downtown at Capitol Park
0.43 miles
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Econo Lodge Sacramento Convention Center
0.45 miles
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Travelodge Sacramento Convention Center
0.48 miles
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Inn Off Capitol Park, Ascend Hotel Collection
0.48 miles
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Quality Inn Sacramento Convention Center
0.49 miles
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Hyatt House Sacramento / Midtown
0.52 miles
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The Fort Sutter Hotel Sacramento
0.57 miles
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Sterling Hotel
0.61 miles
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Americas Best Value Inn Downtown Convention Center
0.62 miles
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Target
0.29 miles
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Grocery Outlet
0.35 miles
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Safeway
0.65 miles
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Sacramento Natural Foods Co-op
0.84 miles
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Market 5-ONE-5
1.05 miles
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Gold Star Mart
1.09 miles
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Downtown Commons
1.26 miles
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Macy's Downtown Plaza Sacramento
1.26 miles
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Asian Food Center
1.27 miles
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Smart & Final
1.27 miles