0 29th Street

Sacramento, CA 95822

PRIME RESIDENTIAL ACREAGE IN PATH OF DEVELOPMENT! Transit‑Oriented Development (TOD) Site with Significant Scale in South Sacramento. This 5.46‑acre (237,837 SF) land parcel has potential for 38-40 single-family homes or 100-130 units multifamily. The site is located at the southeast corner of 29th Street and South Meadows Place in City of Sacramento's Meadowview submarket, an established rapidly evolving residential area with strong infill demand and long‑term growth fundamentals. Zoned R‑2B and designated Residential Mixed Use in the City's General Plan, allowing a broad range of residential products by right, including single‑family homes, duplexes, townhomes, and medium‑density multifamily housing. Minimum density: 7 units per net acre to maximum FAR of 4.0, providing meaningful flexibility in project scale and design. The site is ideally positioned less than half mile from the Florin Light Rail Station, supporting transit‑oriented development and strong regional connectivity. Additionally, its location within a HUD Qualified Census Tract (QCT) may allow access to enhanced financing options and competitive housing programs. A Phase I Environmental Site Assessment has been completed with a finding of No Further Action,'' helping streamline due diligence. Development potential: Single‑family / small‑lot or duplex subdivision: approx 38-40 homes. Multifamily (garden‑style apartments): approximately 100-130 units, consistent with 18-24 units per acre trends in the Meadowview area and well supported by transit proximity. The surrounding area offers strong neighborhood amenities, including major grocery and retail options such as Home Depot, FoodMaxx, Mi Ranchero Supermercado, and 99 Ranch Market, as well as recreational assets like Bing Maloney Golf Course. Nearby schools include Luther Burbank High School, Rosa Parks Middle School, and Cesar E. Chavez Elementary School. The site also benefits from convenient access to Highway 99, providing easy commutes to Downtown Sacramento and major regional employment centers, particularly in the rapidly growing healthcare sector, including Kaiser Permanente, Sutter Health, UC Davis Medical Center, and Aggie Square. This is a rare, compelling opportunity for developers and investors seeking a well‑located, entitlement‑friendly Sacramento

Listing courtesy of CBRE Inc.



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Last checked 2026-03-30 12:22 PM PDT