211 ft
Distance
Shovel-ready development project in Midtown Sacramento. High-quality urban infill site +/-.44 acres with fully approved entitlements for mixed-use multifamily development with two versions: 60 units in 5 story building and 31 units in 3 story building. Prominently situated on the NE corner of 16th & V Streets, providing high visibility identity signage for retail/commercial. A stone's throw from Ice Blocks, the site is a natural extension of the vibrant R Street Corridor - most sought-after submarket of Sacramento. 16th St. is the spine of the urban core connecting to premier retail, dining, nightlife in Midtown, & major employment centers in Downtown. Residents enjoy short bike ride to Golden1 Center, DOCO, Land Park, Midtown Farmers Market, Target, Safeway, and Sacramento's best amenities and entertainment. Site Plan & Design Review are fully approved to construct 57,950 sq ft 60-unit mixed-use building incl. 3 live-work units, 21 parking stalls, 50376 sq ft commercial/retail space. Mix of studios, 1-bed & 2-bed. Since entitlements approved, owner got approvals for 31-unit project to get higher parking ratio, higher rents, & value-engineering construction type. The result provides a buyer with flexibility, cost savings, and certainty to pull permits and break ground quickly!
Listing By: Patrick Stelmach - CBRE Inc. 
- MLS# 225114761
- Date Listed09/02/2025
- Days on Realty 93 Days
- Bedrooms -
- Bathrooms
- Lot Size 0.45 acres (19,600 sq. ft)
- Sewer Public Sewer
- Property Type
- County Sacramento
- Water Public
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.45
- Lot Size SQFT 19,600.00
- Lot Features Corner Lot, Level
Financial Considerations
Sales & Tax History
Source: Public Records
Population & Environment
Source: Sperling's Best Places
96/100
Walker's Paradise
Walk Score ®
60/100
Good Transit
Transit Score ®
99/100
Biker's Paradise
Bike Score ®
Overview
Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.Transit Summary
57 nearby routes: 55 bus, 2 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 33/100, Bike Score: 72/100.
Points of Interest near 2131 16th Street, Sacramento, CA 95818
Frequently Asked Questions for 2131 16th Street
Source: Realty.com
2131 16th Street, Sacramento, CA 95818 is a , Land property listed for $2,900,000 The property is - sq. ft with - bedrooms and 0 bathrooms
Realty.com has 12 photos of 2131 16th Street.
The full address for this home is 2131 16th Street, Sacramento, CA 95818.
2131 16th Street has been listed on Realty.com since Tue September 02, 2025
Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 55/100, Transit Score: 33/100, Bike Score: 72/100.
Listing provided courtesy of:
Cbre Inc.
(tel: 916-446-6800)
Listing agent:
Patrick Stelmach
(tel: 916-817-9148)
(#SSTELMAP)
This content last refreshed on 2025-12-05 13:05:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 2131 16th Street, Sacramento, CA 95818 : MLS# 225114761
