5650 Broadway

For Sale

5650 Broadway, Sacramento, CA 95820

This Sacramento property for sale is located at 5650 Broadway. The current listed sale price for 5650 Broadway is $2,375,000. 5650 Broadway is situated on a lot that is 0.6 acre in size.

Contacts

broker
Jon Lang

Turton Commercial Real Estate

broker
Jack Scurfield

Turton Commercial Real Estate

Property Details

  • Property Type VacantLand
  • Property Size 26,136 SF
  • Lot Size 0.6 Acre
  • Additional Rent Contact for pricing
  • Date Updated Dec 16, 2024

Three Units and Development Land in Tahoe Park

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.

On-Site Tenant Parking

 

 

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Getting around

  • 68/100

    Walk Score ®

  • 45/100

    Transit Score ®

  • 77/100

    Bike Score ®

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Location

  • City Sacramento, CA
  • Neighborhood Tahoe Park
  • Zip Code 95820
  • Market Sacramento

Points of Interest

  • 59th Street

    0.61 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

  • 4th Avenue/Wayne Hultgren

    2.66 miles

  • 7-Eleven

    0.07 miles

  • Arco

    0.66 miles

  • 76

    0.67 miles

  • Chevron

    0.70 miles

  • Shell

    0.73 miles

  • Tesla Supercharger (Coming Soon)

    0.75 miles

  • CJ Gas

    0.84 miles

  • EVgo

    1.40 miles

  • Giddyup

    1.68 miles

  • SMUD

    2.16 miles

  • Lot 25

    0.37 miles

  • Lot 22

    0.52 miles

  • Parking Structure 2

    0.62 miles

  • Lot 30

    0.67 miles

  • Lot 18

    0.71 miles

  • Lot 17

    0.72 miles

  • Parking Structure 4

    0.75 miles

  • Lot 14

    0.79 miles

  • Lot 12

    0.81 miles

  • Lot 16

    0.82 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

  • 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

  • Red Lion Inn & Suites Sacramento

    2.19 miles

  • Your Family Groceries

    0.56 miles

  • Target

    0.75 miles

  • Corti Brothers

    0.76 miles

  • Save Mart

    0.78 miles

  • Grocery Outlet

    0.88 miles

  • Rancho San Miguel Markets

    0.89 miles

  • Trader Joe's

    1.01 miles

  • La Superior Mercados

    1.14 miles

  • Smart & Final

    1.28 miles

  • Foods Co

    1.38 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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