Summary

A Letter From Our Team..

We’re proud to announce the sale of this trophy 40-acre mixed-use parcel within the Sacramento Upper Westside development. Zoning for this parcel conservatively aims for it to be the 2nd most valuable property in the city next to the NBA Kings stadium while the community is set to be one of the most admirable areas.
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Modeled after iconic destinations like San Antonio's Riverwalk, Napa Valley's Riverfront, and Rick Caruso's The Americana in Los Angeles, The Upper Westside master planned community is aimed to be a one of a kind residential & entertainment destination spot for the city.
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The community development plan includes:
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● A venice-esque canal for entertainment through Main St.
● An outdoor amphitheater & pavilion
● Rooftop bars and outdoor restaurants
● Street accessible retail shopping
● Hotel & travel lodging
● & a profound urban garden for resident use
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The new development, Upper Westside, spans 2,063 acres and this 40-acre property is front-and-center on Main Street facing the canal. It's 2.5 miles from DownTown Sacramento and 1 mile from the Capitol of California. City zoning has a max use for this property to have 968 residential units and 846k sq. ft of commercial space but the eventual buyer will have freedom to construct their vision to what they want it to be while shaping the landscape of the Upper Westside community.

The family trust that reserves the rights to this property is looking to find an ideal neighbor while they are additionally developing an identical / adjacent 40-acre parcel.
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We believe the asking price of $22M is below fair market value considering a comparative analysis of properties in the area, the expedited & sponsored entitlement, and the vision and location of the Upper Westside community.
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Our projections indicate a value between $35M–$40M in 6–8 months, however our goal is to prioritize a smooth construction start in 2025 while additionally fostering and maintaining positive relationships with our neighbors in the beloved, eventual net-zero community for Sacramento.
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Thank you,