Sacramento Land Opportunity - LoopNet · The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only

Sacramento Land OpportunitySky Pkwy, Sacramento CA, 95823

Adam Cairo

Adam Cairo

CONTENTS

We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions,change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of theproperty. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

01 Executive Summary Executive Summary 5

Location Summary 6

02 Property Description Property Features 8

Aerial Map 9

Property Images 10

03 On Market Comps Sacramento Zoning Information 12

04 Demographics Demographics 21

Demographic Charts 22

Exclusively Marketed by:

Seth WatjeSenior Vice President (619) [email protected]

BRE# 01805453

Adam Cairo Senior Associate (619) [email protected]# 01948040

The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to bereviewed only by the party receiving it from South Coast Commercial Inc. and it should not be made available to any other personor entity without the written consent of South Coast Commercial Inc..

By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such informationin the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offeringmemorandum. If you have no interest in the subject property, please promptly return this offering memorandum to South CoastCommercial Inc.. This offering memorandum has been prepared to provide summary, unverified financial and physical informationto prospective purchasers, and to establish only a preliminary level of interest in the subject property.

The information contained herein is not a substitute for a thorough due diligence investigation. South Coast Commercial Inc. hasnot made any investigation, and makes no warranty or representation with respect to the income or expenses for the subjectproperty, the future projected financial performance of the property, the size and square footage of the property andimprovements, the presence of absence of contaminating substances, PCBs or asbestos, the compliance with local, state andfederal regulations, the physical condition of the improvements thereon, or financial condition or business prospects of any tenant,or any tenant’s plans or intentions to continue its occupancy of the subject property.

The information contained in this offering memorandum has been obtained from sources we believe reliable; however, SouthCoast Commercial Inc. has not verified, and will not verify, any of the information contained herein, nor has South CoastCommercial Inc. conducted any investigation regarding these matters and makes no warranty or representation whatsoeverregarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verifyall of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating thesubject property.

Confidentiality and Disclaimer | 03

CONFIDENTIALITY AND DISCLAIMER:

PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.

PLEASE CONTACT SOUTH COAST COMMERCIAL INC. FOR MORE DETAILS.

Copyright © 2018 CREOP, LLC. All Rights Reserved.

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OFFERING SUMMARY

ADDRESS Sky Pkwy Sacramento CA 95823

COUNTY Sacramento

MARKET Sacramento

SUBMARKET Sacramento

OFFERING PRICE $249,000

PRICE PSF $10.79

LAND SF 23,087 SF

OWNERSHIP TYPE Fee Simple

ZONING TYPE SC

# OF PARCELS 1

APN 042-0012-032

DEMOGRAPHICS 1 MILE 3 MILE 5 MILE

2017 Population 22,086 192,366 385,320

2017 Median HH Income $34,293 $40,074 $52,878

2017 Average HH Income $47,120 $52,731 $72,874

Gold Bear Group is pleased to present this 23,087 square foot land opportunity in Sacramento, CA. The property is zoned SC and allows for multiple uses upon approval by planning and design commission. Great up and coming location in close proximity to strong retailers such as Walmart, Starbucks and Home Depot. Bring all offers!

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Regional Map

Locator Map

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Property Features | 08

Site Description

LAND SF 23,087

# OF PARCELS 1

ZONING TYPE SC

TOPOGRAPHY Flat

PRICE PER SF $10.79

Property Images | 10

17.216.500 SC zone—Purpose.

The purpose of the SC zone is to provide a wide range of goods and services to the community.

However, general commercial uses that are incompatible with a retail shopping center are

prohibited. (Ord. 2013-0020 § 1; Ord. 2013-0007 § 1)

A. Height. The maximum height is 35 feet.

B. Density. The maximum density is 30 dwelling units per net acre.

C. Floor area ratios. The minimum and maximum floor area ratios are established in

the general plan. (Ord. 2013-0020 § 1; Ord. 2013-0007 § 1)

A. Front and street side-yard setbacks. The minimum front and street side-yard

setbacks are 20 feet.

B. Rear-yard setback.

1. Unless paragraph 2 of this subsection applies, there is no minimum rear-yard

setback.

2. If the rear-yard lot line is adjacent to an R- or OB-zoned lot and is not separated

by an alley, the minimum rear-yard setback is 15 feet.

C. Interior side-yard setback.

1. Unless paragraph 2 of this subsection applies, there is no minimum interior

side-yard setback.

2. If the interior side-yard lot line is adjacent to an R- or OB-zoned lot and is not

separated by an alley, the minimum interior side-yard setback is five feet.

D. Levee setback. A minimum 20-foot setback from the landside toe of any flood

control levee is required for development less than five acres in size. A minimum 50-foot

setback is required from the landside toe of any flood control levee for development five

acres or greater in size. No primary or accessory structures may encroach into the levee

setback. (Ord. 2013-0020 § 1; Ord. 2013-0007 § 1)

17.216.540 SC zone—Generally applicable development standards.

A. For architectural design guidelines and exceptions to the height and area

standards, see chapter 17.600.

B. For parking requirements, see chapter 17.608.

C. For landscaping and paving requirements, see chapter 17.612.

D. For recycling and solid waste disposal regulations, see chapter 17.616.

E. For wall, fence, and gate regulations, see chapter 17.620.

F. For residential accessory structure and use regulations, see chapter 17.624.

G. For sign standards and regulations, see chapter 15.148.

H. For historic preservation program generally, see chapter 17.604. For preservation

design review of development projects, see section 17.808.100 et seq. (Ord. 2013-0020 §

1; Ord. 2013-0007 § 1)

Sacramento Zoning Information | 12

17.216.550 SC zone—Site plan and design review.

A. General.

1. For development projects not located in a historic district and not involving a

landmark, no tentative map, parcel map, or permit shall be approved or issued unless

an application for site plan and design review of the proposed project is approved in

accordance with chapter 17.808 or the project is exempt under section 17.808.160.

2. As used in this subsection A, “permit” means a building permit, a demolition

permit, a sign permit, a grading permit, a paving permit, an encroachment permit, and

a certificate of occupancy.

B. Historic districts and landmarks.

1. For development projects located in a historic district or involving a landmark,

no person shall commence construction or otherwise undertake a development

project, and no tentative map, parcel map, or permit shall be approved or issued

unless an application for site plan and design review of the proposed project is

approved in accordance with chapter 17.808 or the project is exempt under

section 17.808.160.

2. As used in this subsection B, “permit” means a building permit, a demolition

permit, a sewer or water connection or disconnection, a sign permit, a grading permit,

a paving permit, an encroachment permit, and a certificate of occupancy. (Ord. 2017-

0061 § 38; Ord. 2013-0020 § 1; Ord. 2013-0007 § 1)

17.216.510 SC zone—Permitted uses.

A. Permitted uses. The following uses are permitted by right in the SC zone, subject to the

limitations specified:

Use Limitations

1. Commercial and Institutional Uses

Amusement center, indoor

Athletic club; fitness studio

Childcare center Subject to special use regulations in

section 17.228.113

College extension

Commercial service

Community market Subject to special use regulations in

section 17.228.124

Laundromat, self-service


Library; archive

Museum

Office

Plant nursery

Restaurant

Retail store

This use is limited to 60,000 gross square feet; if use

exceeds this limitation, a conditional use permit is

required

School—dance, music, art, martial arts

School, vocational

Temporary commercial building Subject to special use regulations in

section 17.228.126

Theater

2. Industrial and Agricultural Uses

Aquaculture Subject to special use regulations in

section 17.228.810 et seq.

Community garden, private (not

exceeding 3.0 acres)

Subject to special use regulations in


Market garden (not exceeding 3.0 acres) Subject to special use regulations in


Solar energy system, commercial (city

property)

Allowed in this zone and is exempt from the

provisions of this title

B. Conditional uses. The following uses in the SC zone require approval of a

conditional use permit, subject to the limitations specified:

Use Limitations

Approval Required

by: Planning and

Design Commission

(PDC); Zoning

Administrator (ZA);

or City Council (CC)

1. Residential Uses

Dormitory Subject to special use regulations

in section 17.228.111 PDC

Dwelling, duplex PDC


Use Limitations

Approval Required

by: Planning and

Design Commission

(PDC); Zoning

Administrator (ZA);


Dwelling, multi-unit Subject to special use regulations


Dwelling, single-unit PDC

Fraternity house; sorority house Subject to special use regulations


Mobilehome park PDC

Use Limitations

Approval Required

by: Planning and

Design

Commission (PDC);

Zoning

Administrator (ZA);


Residential care facility PDC

Temporary residential shelter PDC

2. Commercial and Institutional

Uses

Alcoholic beverage sales, off-

premises consumption


section 17.228.108 PDC

Amusement center, outdoor PDC

Assembly—cultural, religious,

social PDC

Bar; nightclub Subject to special use regulations in


Cardroom Subject to licensing regulations in

chapter 5.32;

PDC A cardroom may not be located

within 1,000 feet, measured from

the nearest property lines of the


affected parcels, from another

cardroom;

Notwithstanding section 17.232.050,

a conditional use permit is not

required to enlarge a cardroom on a

greater portion of the building or lot

on which it is located or to relocate

the cardroom to another location on

the same lot

Check-cashing center Subject to special use regulations in


Cinema PDC

College campus PDC

Correctional facility PDC

Drive-in theater PDC

Drive-through restaurant Subject to special use regulations in


Firearms business PDC

Gas station PDC

Golf course; driving range PDC

Hotel; motel PDC

Kennel PDC

Non-profit organization, food

preparation for off-site

consumption

PDC

Non-profit organization, food

storage and distribution

This use is limited to 6,400 gross

square feet PDC

Non-profit organization, meal

service facility PDC

Nonresidential care facility PDC

Outdoor market

In granting a conditional use permit

the zoning administrator may

consider the traffic, parking, noise,

hours of operation, and any

applicable development standards

related to the proposed outdoor

market

ZA


Retail store

Permitted with a conditional use

permit if use exceeds 60,000 gross

square feet; permitted by right if use

does not exceed 60,000 gross

square feet

PDC

School, K-12 PDC

Stand-alone parking facility

The zoning administrator may waive

the development standards stated in

sections 17.608.040 and 17.612.020

ZA

Superstore Subject to special use regulations in


Tobacco retailer

A zoning administrator conditional

use permit is required for a tobacco

retailer that has 15,000 square feet

or less of gross floor area and is

located within 1,000 feet, measured

for the nearest property lines of the

affected parcels, of a public or

private school (K-12). Otherwise the

use is to be treated as “Retail” in all

applicable zones

ZA

Transit vehicle—service, repair

storage PDC

Veterinary clinic; veterinary

hospital PDC

3. Industrial and Agricultural Uses

Antenna; telecommunications

facility


section 17.228.300 et seq. PDC

Boat dock; marina PDC

Community garden, private

(exceeding 3.0 acres)


section 17.228.810 et seq. ZA

Heliport; helistop Subject to special use regulations in


High voltage transmission facility Subject to special use regulations in

section 17.228.500 et seq. CC

Market garden (exceeding 3.0

acres)


section 17.228.810 et seq. ZA

Passenger terminal PDC


Surface mining operation Subject to provisions of

chapter 17.720 PDC

Well—gas, oil PDC

C. Accessory uses. The following uses are permitted in the SC zone when accessory

to a permitted or conditional use, subject to the limitations specified:

Use Limitations

Accessory antenna

Accessory drive-through facility Subject to special use regulations in

section 17.228.110

Childcare, in-home (family day care

home)

Common area

Dwelling unit, secondary Subject to special use regulations in

section 17.228.105

Family care facility

Use Limitations

Family day care facility

Home occupation Subject to special use regulations in


Private garden Subject to special use regulations in


Recycling facility, convenience Subject to special use regulations in


Urban beekeeping Subject to section 9.44.330

Watchperson’s quarters The structure shall be limited to 1,000 square feet

D. Prohibited uses. All uses not listed as permitted, conditional, or accessory uses are

prohibited in the SC zone.

E. Outdoor storage. Outdoor storage of any inventory or supplies in view of any

public right-of-way is prohibited, except for auto and mobile home sales, rental, and

storage uses. Outdoor storage or parking of vehicles overnight for auto service or repair

uses is prohibited.

F. Auto service and repair near residential. Auto service or repair work performed

within 300 feet of property used or zoned for residential purposes shall not be conducted

before 6:00 a.m. or after 10:00 p.m. All such work shall be performed within a building.


(Ord. 2017-0061 § 37; Ord. 2016-0016 § 6; Ord. 2016-0001 § 19; Ord. 2015-0005 § 27;

Ord. 2013-0020 § 1; Ord. 2013-0018 § 14; Ord. 2013-0007

** Information can be found on:

http://assessorparcelviewer.saccounty.net/JSViewer/assessor.html

http://www.qcode.us/codes/sacramento/view.php?topic=17-ii-17_216-v&frames=on


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Demographics | 21

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 20,398 181,880 348,305

2010 Population 21,033 180,482 361,481

2017 Population 22,086 192,366 385,320

2022 Population 22,909 201,408 404,320

2017 African American 3,779 31,700 56,623

2017 American Indian 241 2,273 3,978

2017 Asian 4,574 45,907 91,124

2017 Hispanic 9,028 72,900 115,959

2017 White 6,646 55,868 140,650

2017 Other Race 4,745 37,715 55,836

2017 Multiracial 1,708 14,308 29,601

2017-2022: Population: Growth Rate 3.65 % 4.60 % 4.85 %

2017 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15,000 1,594 9,822 16,612

$15,000-$24,999 1,131 8,386 14,260

$25,000-$34,999 931 6,926 12,985

$35,000-$49,999 999 8,854 17,279

$50,000-$74,999 1,205 10,754 24,131

$75,000-$99,999 627 5,902 15,889

$100,000-$149,999 525 4,997 16,980

$150,000-$199,999 116 1,335 6,325

$200,000 or greater 83 683 5,767

Median HH Income $34,293 $40,074 $52,878

Average HH Income $47,120 $52,731 $72,874

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 7,491 58,700 126,680

2010 Total Households 6,972 54,700 123,610



2017 Average Household Size 3.05 3.31 2.93

2000 Owner Occupied Housing 3,305 30,267 70,865

2000 Renter Occupied Housing 3,714 25,261 49,868



2017 Vacant Housing 679 4,566 9,059

2017 Total Housing 7,890 62,226 139,287



2022 Vacant Housing 652 4,528 9,031

2022 Total Housing 8,084 64,548 144,908

2017-2022: Households: Growth Rate 3.05 % 4.05 % 4.25 %

Source: esri

Demographic Charts | 22

1 Mile Radius 3 Mile Radius 5 Mile Radius

2017 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2017 Population by Race

Demographic Charts | 23

2017 Household Occupancy - 1 Mile Radius

Average Income Median Income

2017 Household Income Average and Median

Seth WatjeSenior Vice President (619) [email protected]

BRE# 01805453

Adam Cairo Senior Associate (619) [email protected]# 01948040

Exclusively Marketed by:

Documents

Sacramento Land Opportunity - LoopNet · The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only