Sacramento, California, is a prime location for investing in Commercial Land, with its strong economy, diverse industries, and growing population of around 500,000 residents. Commercial Land in Sacramento offers a unique opportunity for investors to tap into the city's economic potential, with its proximity to major transportation hubs, educational institutions, and healthcare facilities. Whether you're looking to develop a new business, expand an existing one, or simply invest in a lucrative opportunity, Commercial Land in Sacramento is an attractive option. With its ideal location, Sacramento offers easy access to major highways, airports, and rail lines, making it an ideal spot for businesses that rely on transportation and logistics. Additionally, the city's strong educational institutions, such as California State University, Sacramento, and UC Davis, provide a skilled workforce, while its healthcare facilities, including Sutter Health and UC Davis Medical Center, offer a range of medical services.
With 62 Commercial Land listings available in Sacramento, investors have a wide range of options to choose from. The average price per square foot for Commercial Land in Sacramento is $394 USD, with an average size of 31,099. The largest available Commercial Land listing in Sacramento spans 56,380, offering ample space for development. Meanwhile, the average cap rate for Commercial Land in Sacramento is 7%, making it an attractive option for investors seeking a strong return on investment. While Sacramento offers a range of property types, including Office, Retail, and Industrial, Commercial Land remains a popular choice for investors seeking to capitalize on the city's growth and development. With its unique blend of economic, educational, and cultural attractions, Sacramento is an ideal location for Commercial Land investment.
What are common commercial uses for land in the Sacramento market?
In the Sacramento market, common commercial uses for land include retail spaces, office buildings, and industrial facilities, which cater to the city's diverse economy driven by healthcare, manufacturing, and technology sectors. Additionally, commercial land is also utilized for hospitality, entertainment, and recreational purposes, such as hotels, restaurants, and sports facilities, taking advantage of the city's tourist attractions and amenities.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Sacramento, there are several common ways to do so. For instance, investors can buy land directly from a seller, work with a real estate agent or broker, or explore online marketplaces like LoopNet, which offers a wide range of commercial land listings, including 62 available listings in Sacramento, with an average price per square foot of $394 USD and an average size of 31,099 square feet.
Before making a purchase, it's essential to do your due diligence and research the property thoroughly. If you're new to land investment, it's a good idea to start by reading our guide on how to buy land, which covers the ins and outs of the process and can help you make an informed decision. With the right approach, buying land in Sacramento can be a lucrative investment opportunity, especially considering the city's growing economy and demand for new developments.
