Off Market Prime 40-Acre Mixed-Use Parcel in Sacramento’s Upper Westside
The Billionaire Network is proud to offer this exceptional opportunity to acquire a 40-acre mixed-use parcel within the Sacramento Upper Westside development. Currently priced at just $15 million, this property presents an outstanding investment potential. Upon completion of entitlement or rezoning to a residential zone, the fair market value is projected to increase significantly to $35–$40 million.
The most attractive feature of this offer is the flexible payment option. Buyers can deposit the funds into escrow, with the payment being released only after the entitlement process is fully completed—all while locking in the price at just $15 million, despite the expected increase in value
Modeled after iconic developments such as San Antonio’s Riverwalk, Napa Valley’s Riverfront, and Rick Caruso’s The Americana in Los Angeles, the Upper Westside is envisioned to be a unique residential and entertainment hub in Sacramento. The development plan includes:
- A Venice-inspired canal complete with canoes and kayaks along Main Street
- An outdoor amphitheater and pavilion
- Rooftop bars and outdoor restaurants
- Street-accessible retail shopping
- Hotels and travel accommodations
- A lush urban garden for residents to enjoy
This 40-acre property is perfectly positioned on Main Street, directly facing the canal. Located just 2.5 miles from Downtown Sacramento and a mere 1 mile from the California State Capitol, it offers prime access and visibility. The current city zoning allows for 968 residential units and 846,000 sq. ft. of commercial space, though the eventual buyer will have the freedom to shape this property to match their vision for the Upper Westside community.
The family trust, which holds the rights to this property, is seeking an ideal neighbor as they concurrently develop an adjacent 40-acre parcel. Despite the asking price of $15 million, our analysis shows that this is below fair market value, especially considering the expedited and sponsored entitlement process, the prime location, and the transformative vision for the Upper Westside community.
Financial Parameters for the Project
This land acquisition is available with nominal project details as follows:
- Land Acquisition Price: $15,000,000
- Total Project Cost: $465,545,300
- Projected Long-Term Debt: $300,000,000
- Projected Equity Investment: $185,545,300
- Project NPV: $1,016,740,912
- Project IRR: 19.14%
- Payback Period: 9.97 years
- Equity Payback Period: 7.99 years
- Total Net Profit Margin: $297,842,901
- Equity NPV: $1,018,394,170
- Exit Valuation of Project (after 12 years): $1,722,580,044
- Equity IRR: 26.81%
Community Highlights:
Approved in 2019, the Upper Westside community will be Sacramento’s premier “live, work, play” destination. Featuring an amphitheater, urban farm, open-space town square, and a man-made river with kayaking and canoeing, the development also includes 3 million sq. ft. of commercial space for retail and dining and approximately 10,000 residential units, including apartments, duplexes, and single-family homes.
Parcel Specifications:
This 40-acre parcel is slated for 968 residential units and 846,000 sq. ft. of commercial space, with townhomes and row houses highlighted as the most profitable option.
Timeline:
The project is moving according to plan. Entitlement documentation, including EIR reports and urban framework, was released by the city on August 30th, 2024. Entitlements are expected in Q1 of 2025, infrastructure development is set to begin in Q3 of 2026, with the first residents moving in by 2027.
COMMISSIONS AVAILABLE TO ANYONE FOR SUCCESSFUL CLOSURE
For more information please contact us ASAP
