Map of Property

5650 Broadway

5650 Broadway, Sacramento, CA 95820

  • For Sale $2,375,000
  • Property Type VacantLand
  • Property Size 26,136 SF
  • Lot Size 0.6 Acre
  • Date Updated Apr 26, 2024

5650 Broadway is a 3-parcel “value-add” development opportunity located in the Tahoe Park neighborhood of Sacramento. The Property currently has 3 residential units, including a single-family residence situated on Broadway, and a single-story duplex located behind the single-family residence, all of which had extensive renovations performed in 2023 sparing no detail and addressing all “big ticket” items. The three existing units are currently rented and generating approximately $8,450 per month in gross rents. The Property also represents significant upside in the underutilized land over its three contiguous parcels. Existing architectural plans call for the construction of eight additional units including one duplex (2 units) and six accessory dwelling units (ADUs) measured at 599 square feet, coming in under the 600 square foot threshold for ADUs in order to streamline the development process and minimize development fees for the project.

The location of the Property compliments the 11 unit project very well, as the Property is less than a mile from existing UC Davis medical facilities and the state-of-the-art research and innovation center dubbed “Aggie Square”, which is currently under development and will feature a 680,000 square foot science, technology, and research space, a 50,000 square foot rehabilitation hospital, 120,000 square feet of classroom space, and 28,000 square feet of community space. The existing UC Davis medical center and Aggie Square development site will surely bring a mix of thousands of highly paid young professionals to the Property as top tier tenants. There’s no other project representing this potential in the Tahoe Park area, and it is perfectly timed for a new owner to take advantage of the City’s largest development site nearby.

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Contacts

broker

Jon Lang Is this you?

Turton Commercial Real Estate

(916) 573-3302

broker

Jack Scurfield Is this you?

Turton Commercial Real Estate

(916) 573-3316

Location

Getting Around

  • Walk Score ®

    68/100 Somewhat Walkable

  • Transit Score ®

    45/100 Some Transit

  • Bike Score ®

    77/100 Very Bikeable
Powered by Walk Score ®
  • City Sacramento, CA
  • Neighborhood Tahoe Park
  • Zip Code 95820
  • Market Sacramento

Points of Interest

  • 59th Street

    0.61 miles

  • University/65th Street

    0.78 miles

  • 48th Street

    0.98 miles

  • 39th Street

    1.38 miles

  • Power Inn

    1.73 miles

  • 29th Street

    2.11 miles

  • College Greens

    2.48 miles

  • City College

    2.50 miles

  • 23rd Street

    2.55 miles

  • Fruitridge

    2.65 miles

  • 7-Eleven

    0.07 miles

  • Arco

    0.66 miles

  • 76

    0.67 miles

  • Chevron

    0.70 miles

  • Shell

    0.73 miles

  • CJ Gas

    0.84 miles

  • Chevron

    1.48 miles

  • Arco

    1.48 miles

  • Chevron

    1.71 miles

  • Stop and Shop

    1.88 miles

  • Parking Structure 2

    0.61 miles

  • Lot 17

    0.69 miles

  • Lot 18

    0.71 miles

  • Lot 14

    0.79 miles

  • Lot 16

    0.82 miles

  • Lot 4

    0.85 miles

  • Parking Structure 1

    1.13 miles

  • Parking Structure 1

    1.16 miles

  • Lot 15

    1.17 miles

  • Lot 12

    1.18 miles

  • Hampton Inn & Suites Sacramento at CSUS

    0.86 miles

  • Courtyard Sacramento Midtown

    0.88 miles

  • De Ville Motel

    0.91 miles

  • Hotel Med Park, Ascend Hotel Collection

    1.09 miles

  • Budget Inn

    1.37 miles

  • Comfort Inn & Suites Sacramento - University Area

    1.63 miles

  • Rodeway Inn Sacramento-University Area

    1.63 miles

  • Motel 6

    1.66 miles

  • Best Six Motel

    1.98 miles

  • Motel 6 Sacramento Downtown

    2.15 miles

  • Bacon and Butter

    0.19 miles

  • Wingstop

    0.61 miles

  • Church's Chicken

    0.71 miles

  • Chan's Restaurant

    0.76 miles

  • Giovanni's Old World New York Pizzeria

    0.76 miles

  • Jack in the Box

    0.77 miles

  • Boon Boon Cafe

    0.78 miles

  • Papa Murphy's

    0.78 miles

  • Subway

    0.79 miles

  • Chipotle

    0.79 miles

  • Tahoe Elementary School

    0.18 miles

  • Capital Elementary School

    0.45 miles

  • Marian Anderson Elementary School

    0.63 miles

  • UC Davis School of Nursing

    0.72 miles

  • William Lee College Prep

    0.73 miles

  • UC Davis School of Medicine

    0.84 miles

  • Phoebe A Hearst Elementary School

    0.85 miles

  • Hiram W Johnson High School

    0.87 miles

  • Saint Mary School

    0.94 miles

  • Saint Francis Catholic High School

    1.02 miles

  • Playhouse Preschool

    0.49 miles

  • Common Grounds Preschool and Daycare

    2.70 miles

  • Glory Children's Learning Center, Inc.

    3.97 miles

  • Thomas A Edison Elementary School

    4.22 miles

  • Federal Building Day Care

    4.50 miles

  • Didion 4th R

    6.50 miles

  • Camellia Waldorf School

    7.21 miles

  • Prestige Preschool Academy

    7.87 miles

  • KinderCare

    8.56 miles

  • ARC Childcare

    8.80 miles

Frequently Asked Questions

What is the lease rate for 5650 Broadway?

Rental asking rate at 5650 Broadway is $1,187,500.00/YR.

What is the total square footage of 5650 Broadway?

5650 Broadway totals 1 square feet.

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