Development Opportunity 4830 J St Local commercial 1 567 m² À vendre Sacramento, CA 95819 10 049 609 € (6 414,82 €/m²)

4830 J Street represents a rare opportunity to redevelop one of East Sacramento’s most visible and well-located urban infill sites. Positioned at the intersection of J Street and 49th Street, the Property offers scale, zoning flexibility, and unmatched neighborhood prestige—elements rarely found together in one parcel within the city’s most established residential submarket.
Whether envisioned as a mid-rise mixed-use multifamily community, hotel/hospitality, a blend of mixed-income or senior housing, or even an anchor for neighborhood-serving retail, this site is positioned to accommodate and inspire transformative redevelopment.
The ±57,935 square foot parcel is currently improved with a ±16,863 square foot single-tenant retail building occupied by Rite Aid, which may offer short-term income stability with approximately two years remaining on its lease**. However, the true value of the Property lies in its zoning and development potential. Zoned C-2 under the City of Sacramento’s land use framework and located in a district that allows up to a 4.0 FAR by right, the site can accommodate more than 230,000 buildable square feet—enough to support approximately 240–250 residential units, depending on unit configuration.
With limited available land in East Sacramento and virtually no other large-scale development sites remaining, 4830 J Street offers a first-mover advantage for forward-looking developers seeking to deliver the next great infill community in Sacramento. The surrounding neighborhood is one of the region’s most affluent and desirable, with average household incomes exceeding $145,000 within a 1-mile radius. The area is characterized by a highly educated population, with over 50% of residents holding a bachelor’s degree or higher, and boasts strong housing demand driven by its proximity to employment centers, walkable amenities, and prestigious public and private schools.
The property’s location sits at the nexus of established affluence and evolving density. It benefits from adjacency to walkable commercial amenities, quick access to Midtown and Downtown Sacramento, and close proximity to top regional assets like UC Davis Medical Center, Dignity Hospital, and Sacramento State University. Its placement along a key arterial roadway ensures both visibility and connectivity, while the surrounding fabric of tree-lined streets and high-quality single-family homes adds intrinsic long-term value to any well-executed residential or mixed-use vision.
Within a three-mile radius, the population exceeds 140,000 residents, supported by a strong renter demographic and East Sacramento median home values approaching $835,000. The submarket’s low residential vacancy rates and constrained pipeline of entitled multifamily projects underscore the urgency—and opportunity—of bringing new housing supply to this part of the city. As East Sacramento evolves to accommodate more density in alignment with the City’s General Plan, 4830 J Street stands out as the most viable and prominent site for such progress.
For developers seeking to capture the momentum of Sacramento’s growth while delivering a product that resonates with both public sector planners and private sector buyers or renters, 4830 J Street checks all the boxes. The property offers the scale needed to achieve operating efficiencies and design flexibility, the zoning needed to support entitlement ambitions, and the location needed to command market premiums.
This offering presents a rare chance to acquire and reposition a prime corner parcel in one of Sacramento’s most storied neighborhoods. With zoning already in place, robust surrounding demographics, and a future vision aligned with both community needs and market demand, 4830 J Street is ready to be reimagined as a new cornerstone for East Sacramento.