Redevelopment Opportunity

3168 Riverside Blvd is located at the nexus of Land Park, Curtis Park, and Hollywood Park—three of Sacramento’s most iconic, stable, and economically resilient neighborhoods. This area is known for its tree-lined streets, historic single-family homes, and exceptionally strong household incomes. Within a 1-mile radius, the median household income is $151,153, nearly double the Sacramento regional average. That figure still remains elevated at $110K+ across the 3-mile and 5-mile radii. Demographics further underline the area’s quality: Average household income (1-mile): $164,720 High-income households (> $75K): 75% within 1 mile College-educated population (1-mile): 55.2% Median home value (1-mile): $786,717 These metrics place the subject property in one of the most economically powerful consumer bases in the Sacramento region. For developers, this translates to reliable demand for neighborhood-serving retail, boutique service concepts, restaurant/café formats, medical office, and lifestyle-oriented uses. For owner-users, the surrounding residents provide a built-in, loyal customer profile with above-average discretionary spending power.3168 Riverside Blvd is a rare 6,300 SF freestanding retail building positioned in one of Sacramento’s most established and supply-constrained neighborhoods. Originally constructed in 1949, the property sits on a generous 0.35-acre parcel—substantially larger than typical retail footprints in the immediate trade area—and offers exceptional redevelopment and owner-user potential. The site’s Best Location score of 99, the highest achievable in CoStar’s system, underscores the inherent strength of the surrounding residential fabric and its long-term desirability. With immediate frontage along Riverside Blvd, the property benefits from excellent neighborhood visibility and proximity to consistent residential traffic flows. Average rents in the competitive set range from $1.20 to $2.30 NNN, and vacancy is effectively 0% across nearly all peer properties, illustrating how tightly held and consistently absorbed retail space is within this pocket of South Sacramento. Given its infill positioning, generous lot size, and flexible building configuration, the asset is ideally suited for developers seeking a high-income, high-barrier-to-entry location or owner-users targeting a flagship location embedded directly into one of Sacramento’s most coveted neighborhoods.