3417-3421...kevin sheehan 916.751.3601 // [email protected] // lic #0936093 for sale |...
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GARRETT STROHMAIER 916.751.3641 // [email protected] // LIC #02051117
KEVIN SHEEHAN 916.751.3601 // [email protected] // LIC #0936093
FOR SALE | COMMERCIAL LAND IN OPPORTUNITY ZONE
3417-3421
MARYSVILLE BLVD S A C R A M E N T O , C A L I F O R N I A
SITE
Mar
ysvi
lle B
lvd
Nogales St
Los Robles Blvd
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
GARRETT [email protected] #02051117
KEVIN [email protected] #00936093 kiddermathews.com
For saleinfo contact
FOR SALE | COMMERCIAL LAND IN OPPORTUNITY ZONE
3417-3421 MARYSVILLE BLVD
OFFERING SUMMARY
The Opportunity
OFFERING HIGHLIGHTS
Located in a Qualified Opportunity*
Infill development and / or long-term hold with
appreciation upside investment opportunity
Under-served demographic surrounding with high
demand for additional retail, commercial services,
education, and affordable housing
Zoning allows for various potential uses
*Qualified Opportunity Zones involve legislation signed into law on December 22, 2017 via the Tax Cuts and Jobs Act (P.L. 115-97) (TCJA) and aimed at spurring development and capital investment in the Nation’s economically disadvantaged communities. O-Zone investments ultimately provide participating investors with several tax savings opportunities. Please contact Garrett Strohmaier for additional information pertaining to O-Zones.
Offering Price: $160,000
Price Per Square Foot: $4.87
Total Land Area: 32,821 SF (0.75 AC)
APN: 251-0221-009, 251-0183-009
Zoning: R-3 (High Density Residential); C2 (General Commercial)
APN: 251-0183-009
APN: 251-0221-009
Mar
ysvi
lle B
lvd
Los Robles Blvd
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
GARRETT [email protected] #02051117
KEVIN [email protected] #00936093 kiddermathews.com
For saleinfo contact
FOR SALE | COMMERCIAL LAND IN OPPORTUNITY ZONE
3417-3421 MARYSVILLE BLVD Aerial Map
1 Hagginwood Park
Mama Marks Park
3 John Mackey Memorial Park
4 Nuevo Park
5 Gateway Park
PARKS & RECREATION RETAIL CENTERS
1 3810 Marysville Blvd
2 3714-3718 Marysville Blvd
3 3381-3385 Marysville Blvd
4 3207-3217 Marysville Blvd
SCHOOLS
1 Keena High School
2Highlands Community Charter School
3 Grant Union High School
4Michael J. Castori Elementary School
5Hagginwood Elementary School
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4
5
SITE
1
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3
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Mar
ysvi
lle B
lvd
Rio
Lin
da B
lvd
Dry
Cre
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Arcade Blvd
Rosev
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Rd
South Ave
Grand Ave
Del P
aso
Blvd
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
GARRETT [email protected] #02051117
KEVIN [email protected] #00936093 kiddermathews.com
For saleinfo contact
FOR SALE | COMMERCIAL LAND IN OPPORTUNITY ZONE
3417-3421 MARYSVILLE BLVD Market Overview
North Sacramento is a densely-populated and centrally located community surrounded by Sacramento’s most prominent neighborhoods, including Arden-Arcade, Natomas, West Sacramento, as well as Downtown & Midtown Sacramento. North Sacramento is made up of many micro-communities, each with rich history, diversity, & character.
North Sacramento offers adequate public transportation resources and existing infrastructure. Poised for revitalization, both the City and County of Sacramento, in addition to public & private partnerships, have made tremendous efforts to spur transit-oriented development throughout North Sacramento. The City of Sacramento’s redevelopment strategies include streetscape improvements, revitalizing the Del Paso Corridor, providing development assistance, and removing other barriers to development.
The vast majority of North Sacramento falls within census tracts designated by Congress as Opportunity Zones. Allowed investments include affordable housing, infrastructure, energy, community development, business operations, equipment, and real property. Current census tract designations remain in place for 10 years (until December 31, 2028). Qualified investors receive a federal tax incentive to reinvest capital gains into Opportunity Funds (i.e. an LLC), which then invest in the Opportunity Zones. Investors receive a temporary tax deferral and other benefits tied to long-term holdings of 10 years or greater.
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
GARRETT [email protected] #02051117
KEVIN [email protected] #00936093 kiddermathews.com
For saleinfo contact
FOR SALE | COMMERCIAL LAND IN OPPORTUNITY ZONE
3417-3421 MARYSVILLE BLVD Demographics
POPULATION 1 Mile Radius 3 Mile Radius 5 Mile Radius
2018 Population 19,795 117,056 328,226
Projected Population (2023) 20,983 123,788 346,162
Projected Annual Growth (2018 to 2023) 6.00% 5.75% 5.46%
Average Age 34.60 35.50 37.10
HOUSEHOLDS 1 Mile Radius 3 Mile Radius 5 Mile Radius
2018 Households 6,161 40,503 129,306
HH Growth 2018-2023 5.92% 5.71% 5.42%
Median Household Income $32,860 $36,693 $50,278
Avg Household Size 3.20 2.90 2.50
2018 Avg HH Vehicles 2.00 2.00 2.00
BUSINESSES 1 Mile Radius 3 Mile Radius 5 Mile Radius
Total Businesses 333 6,273 20,642
Employees 2,000 65,851 209,893
Employees/Business 6 10 10
This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.
GARRETT [email protected] #02051117
KEVIN [email protected] #00936093 kiddermathews.com
For saleinfo contact
FOR SALE | COMMERCIAL LAND IN OPPORTUNITY ZONE
3417-3421 MARYSVILLE BLVD Parcel Map
Mar
ysvi
lle B
lvd
Nogales St
Los Robles BlvdSITE
GARRETT STROHMAIER 916.751.3641 // [email protected] // LIC #02051117
KEVIN SHEEHAN 916.751.3601 // [email protected] // LIC #0936093