As demand continues to grow for housing in Sacramento’s “grid” neighborhoods, some property owners have learned that small is beautiful.
Empty lots, in some cases already zoned or even approved for new residential development, are starting to get more interest and activity from developers.
While a project by development firm Young Clifford on Capitol Avenue near 18th Street may the most visible example, others could be on the way. Turton Commercial Real Estate announced a listing this week for a nine-unit, 10,650-square-foot residential project on an empty lot at 1523 E St.
A list of proposed developments with the city show other small-lot grid development as well, including a two-building, four-unit apartment project at 2215 Q St. and four single-unit townhomes on four lots at 2117 20th St.
Such properties have obvious appeal for a builder, because they may not require the type of land assemblage necessary for large mixed-use projects. And if the properties are strictly residential, they don’t come with the potential hang-up of finding a first-floor retail tenant or two.