905 S St

Turton Commercial Real Estate, as exclusive advisor to Anthem Properties, is pleased to present the opportunity to acquire 9S, a fully entitled ±50,845 SF mixed-use development site located at the intersection of 9th & S Street in Downtown Sacramento and in an Opportunity Zone. Entitled for 227 residential units, 7,152 SF of ground-floor retail, and 92 parking stalls, the Property offers a highly efficient path to execution for developers. Positioned within Sacramento’s established R Street Corridor, 9S offers developers a rare opportunity to deliver much-needed urban housing in one of the city’s most active infill neighborhoods. With entitlements in place, flexible RMX-SPD zoning, and a location surrounded by walkable amenities, transit access, employment drivers, and existing residential density, the Property is well suited for an affordable-by-design housing concept focused on efficient unit planning, attainable rents, and long-term neighborhood demand.

9S offers a compelling economic foundation for an affordable-by-design residential program. When measured against an estimated all-in-development cost basis of approx. $425 per SF, the resulting 8.47% initial unlevered yield underscores the strength of the opportunity without relying on luxury rent premiums.