Map of Property

516 8th St

For Sale

516 8th St, Sacramento, CA 95814

This Sacramento property for sale is located at 516 8th St. The current listed sale price for 516 8th St is $6,500,000. 516 8th St is situated on a lot that is 1.3 acre in size.

Contacts

Scott Kingston

Turton Commercial Real Estate

Property Details

  • Property Type VacantLand
  • Property Size 56,628 SF
  • Lot Size 1.3 Acre
  • Date Updated May 25, 2026

Turton Commercial is pleased to present for sale a prime infill development opportunity at 8th Street, F Street, and E Street in the northwest corner of Downtown Sacramento, surrounded by development projects under construction including The Railyards. The Property consists of nine (9) parcels of vacant land approximately 1.3 acres or 56,765 SF, combined. Bifurcated by Eggplant Alley, the Property represents two development sites of 0.42 AC/17,800 SF and 0.88 AC/38,365 SF. The parcels are being offered for sale together but may be purchased separately or in phases. The asking purchase price is $115 PSF land or $6,500,000 for the entire Subject Property.

Currently, the Property is zoned OB-SPD (Office Building) on half the parcels and RO-SPD (Residential Office) on the other half of the parcels. However, the City of Sacramento has identified these parcels to be rezoned for Residential Mixed Use, with up to 15.0 FAR in the draft 2040 General Plan Update. A buyer can take advantage of the tremendous increase in development intensity for the site.

Site 1: 714 E, 718 E, 720 E, 722 E Streets

Site 2: 711 F, 717 F, 719 F, 721 F, 516 8th Streets

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Getting around

  • 85/100

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  • 64/100

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  • 99/100

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Location

  • City Sacramento, CA
  • Neighborhood Southern Pacific - Richards
  • Zip Code 95814
  • Market Sacramento

Points of Interest

  • 8th & H/County Center

    0.20 miles

  • 7th & I/County Center

    0.26 miles

  • Sacramento Valley Station

    0.30 miles

  • Alkali Flat/La Valentina

    0.34 miles

  • 8th & K

    0.39 miles

  • St. Rose of Lima Park

    0.43 miles

  • 7th & Capitol

    0.57 miles

  • 8th & Capitol

    0.60 miles

  • 8th & O

    0.74 miles

  • 7th & Richards/Township 9

    0.76 miles

  • ChargePoint

    0.34 miles

  • Shell

    0.93 miles

  • Arco

    0.96 miles

  • EVgo

    1.36 miles

  • Propel Fuel

    1.56 miles

  • Valero

    1.57 miles

  • One Stop Gas

    1.62 miles

  • Chevron

    1.77 miles

  • SMUD

    1.90 miles

  • Rivian

    2.55 miles

  • Saint Joseph's Jury Parking Lot

    0.08 miles

  • City Lot 297

    0.09 miles

  • County Public Parking

    0.14 miles

  • Public Parking

    0.34 miles

  • City Hall Parking Garage

    0.35 miles

  • Lot D

    0.42 miles

  • ACE Parking

    0.48 miles

  • Old Sacramento Garage

    0.49 miles

  • Capitol Garage

    0.52 miles

  • HI Sacramento

    0.22 miles

  • The Citizen Hotel, Autograph Collection

    0.39 miles

  • Kimpton Sawyer Hotel

    0.41 miles

  • Congress Hotel

    0.41 miles

  • Vagabond Inn Executive Old Town

    0.44 miles

  • Sterling Hotel

    0.47 miles

  • The Exchange Hotel, Curio Collection by Hilton

    0.48 miles

  • Hyatt Centric Downtown Sacramento

    0.49 miles

  • Sheraton Grand Sacramento Hotel

    0.51 miles

  • Holiday Inn Sacramento-Capitol Plaza

    0.52 miles

  • Downtown Commons

    0.49 miles

  • Macy's Downtown Plaza Sacramento

    0.52 miles

  • Target

    0.80 miles

  • Grocery Outlet

    0.95 miles

  • Market 5-ONE-5

    0.98 miles

  • Gold Star Mart

    1.10 miles

  • Raley's

    1.12 miles

  • Safeway

    1.31 miles

  • Asian Food Center

    1.59 miles

  • Arteaga's

    1.72 miles

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