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860-870 Riske Ln

71,600 SF Industrial Building West Sacramento, CA 95691 $6,953,166 CAD ($97 CAD/SF)

Investment Highlights

  • Immediate Interstate-80, Highway 50 and Interstate-5 access

Executive Summary

“West Sacramento’s Most Exciting Residential and Commercial Development Opportunity”
860-870 Riske Lane is a well-located property in the heart of The Bridge District of West Sacramento, CA. The future development of the property will be Mixed-Use Commercial/Residential, Office or Medical. The Bridge District is located within a qualified Opporunity Zone.
The current operation of the Sacramento Stucco Co. has been located there for many decades predating the installation of The Bridge District’s specific plan, which is West Sacramento’s attempt to revitalize and utilize its waterfront real estate. The property in total is 2.87 acres consisting of two parcels (1.16 AC & 1.71 AC).
The property is located at the northwest corner of 5th and Bridge Street with an off-ramp directly adjacent to the property from Highway 50/Business-80. It is located to the north of the highway and to the south of the Tower Bridge which connects Downtown Sacramento to West Sacramento. It is also about 0.25mi south of Raley Field, home to the Rivercats minor league baseball team. Immediately east of the property are multiple new residential developments consisting of townhomes and apartments, built by Fulcrum Development, and also The Barn-a multi-use event center with a tap room and restaurant.
The property’s strengths include its prominent location within The Bridge District, its future zoning as Waterfront Commercial and the fact that the City of West Sacramento is excited and encouraging mixed-use, high-density development in this area. The City of West Sacramento is a friendly and resourceful municipality to work with that encourages development and streamlines the process for developers.

Property Facts

Price $6,953,166 CAD
Price Per SF $97 CAD
Sale Type Investment
Sale Conditions
Lease Option
  • Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.89 AC
Rentable Building Area 71,600 SF
No. Stories 1
Year Built 1982
Tenancy Single
Parking Ratio 2/1,000 SF
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 3
Opportunity Zone Yes

Amenities

  • Property Manager on Site

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 71,600 SF
  • Industrial
  • Full Build-Out
  • 60 Days

±71,600 SF Industrial Property Located in an Opportunity Zone adjacent to Downtown Sacramento

Space Size Space Use Condition Available
1st Floor 71,600 SF Industrial Full Build-Out 60 Days

1st Floor

Size
71,600 SF
Space Use
Industrial
Condition
Full Build-Out
Available
60 Days

1st Floor

Size 71,600 SF
Space Use Industrial
Condition Full Build-Out
Available 60 Days

±71,600 SF Industrial Property Located in an Opportunity Zone adjacent to Downtown Sacramento

Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 058-310-018-000
  • 058-310-019-000
Land Assessment
$633,575 CAD
Improvements Assessment
$3,171,867 CAD
Total Assessment
$3,805,442 CAD

zoning

Zoning Code WF (Waterfront Mixed-Use)
WF (Waterfront Mixed-Use)
  • Listing ID: 18155284

  • Date on Market: 2020-01-10

  • Last Updated:

  • Address: 860-870 Riske Ln, West Sacramento, CA 95691

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