SOLD 12/05/2023
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Commercial sold for $1,175,000 in 169 days
918 J St Sacramento, CA, 95814
Off the market Comm Ind For Sale
Price reduced, seller motivated! Newmark, as the exclusive advisor, is pleased to present for sale 918 J Street, a prime infill redevelopment opportunity in Downtown Sacramento. Constructed in 1920 on a 40X160 parcel, the existing building is vacant and comprised of 18,400-sf on 2 levels above a lower level basement. This building, size, and location present many adaptive re-use options for an urban neighborhood reflecting the changing demographics and perceptions of urban living. The building is priced to sell far below replacement cost and has been completely demolished internally to shell condition. Located on bustling J Street between 9th and 10th Street, next to the Citizen Hotel and across the street from Cesar Chavez Park and City Hall.
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Property details
18,400 sqft interior area
Land area
6,400 sqft (0.15 acres)
Address
918 J St, Sacramento, CA, 95814
City of California
Sacramento
County
Sacramento
Year Built
1890
District
Listing
Nearby major retailers
Costco
Walmart Supercenter
Lowe's
Safeway
Trader Joe's
T-Mobile
Wholesale: 1
Supermarket: 3
Do it yourself: 1
Mobile phone: 2
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Listed by
Kelly Rivett, Cornish & Carey Commercial
Name
Kelly Rivett
License number
01249433
Brokerage company
Cornish & Carey Commercial
MLS #
ML81932478
Buyer agent
Name
Kelly Rivett
Brokerage company
Cornish & Carey Commercial
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Calculate your monthly payments
Mortgage
$3,608
Taxes
$0
HOA dues
$0
Mortgage
$235,000 / 20%
2.28%
30 years
Your amount
$3,608 / month
Lot details
TMK #0060101010000
Parcel nr.
0060101010000
95814 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95814
49%
Families with children
National average: 39%
42%
Non family households
254,081
Population
$80,604
Average Income
Age & gender
Median age 33 years
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Commute types
82% commute by car
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Education level
22% have high school education
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Number of employees
2% work in education and healthcare
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Vehicles available
35% have 1 vehicle
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Vehicles by gender
35% have 1 vehicle
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Housing market insights for
$687.22k
Neighborhood average
sales price*
sales price*
$725.98k
Neighborhood median
sales price*
sales price*
27
Number
of sales*
of sales*
Housing type
58% are single detacheds
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Rooms
38% of the houses have 4 or 5 rooms
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Bedrooms
59% have 2 or 3 bedrooms
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Owners vs Renters
56% are renters
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16.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Dec 5, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Dec 5, 2023 | Sold | $1,175,000 | 0 | Public Record |
| Dec 5, 2023 | Price Decrease | $1,175,000 -9.62% | 0 | MLS #ML81932478 |
| Nov 15, 2023 | Under contract | $1,300,000 | 0 | MLS #ML81932478 |
| Oct 24, 2023 | Pending | $1,300,000 | 0 | MLS #ML81932478 |
| Aug 11, 2023 | Price Decrease | $1,300,000 -10.34% | 0 | MLS #ML81932478 |
| Jul 17, 2023 | For sale | $1,450,000 | 0 | MLS #ML81932478 |
| Jun 30, 2023 | Pending | $1,450,000 | 0 | MLS #ML81932478 |
| Jun 20, 2023 | New Listing | $1,450,000 +31.82% | 0 | MLS #ML81932478 |
| Jan 1, 2023 | Unavailable | $1,100,000 | 0 | MLS #ML81905757 |
| Oct 21, 2022 | For sale | $1,100,000 | 0 | MLS #ML81905757 |
| Oct 11, 2022 | Under contract | $1,100,000 | 0 | MLS #ML81905757 |
| Aug 31, 2022 | New Listing | $1,100,000 | 0 | MLS #ML81905757 |
Taxes of 918 J St, Sacramento, CA, 95814
C-3- zoning / MLS #ML81932478
Zoning
C-3-
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Frequently Asked Questions about 918 J St
What is 918 J St?
918 J St is a Commercial/Industrial propertywith 18,400 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
918 J St, Sacramento, CA, 95814.
What comparable properties are nearby?
Comparable nearby commercial properties include 414 16th St, 2117 15th Ave, 1811 Del Passo Blvd, 7200 Meadowgate Dr, 5250 Date Ave, 7828 Auburn Blvd.
Based on information from the bridgeMLS as of 05-05-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Dec 08, 2023
Verhouse Last checked less than a minute ago
The closest grocery stores are Market 5-ONE-5, 0.62 miles away and Grocery Outlet, 0.65 miles away.
The 95814 zip area has a population of 254,081, and 49% of the families have children. The median age is 33.7 years and 82% commute by car. The most popular housing type is "single detached" and 56% is renter.
