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475-495 S Golden State Blvd
54,156 SF Industrial Building Turlock, CA 95380 $4,300,000 USD ($79 USD/SF)
Investment Highlights
- Nearly $1M in upgrades on the property
- Highly Valued Development Agreement Approved
- Excellent opportunity for indoor storage, boat & RV storage, etc.
- Fully Entitled Cannabis Cultivation & Distribution Facility
- Favorable Utility Rates and Favorable Tax Structure in Development Agreement make this property a highly valuable opportunity for user
- Great location near bustling & revitalized downtown Turlock, CA, and it is in close proximity to Highway 99.
Executive Summary
*Parcel sizes are subject to a lot line adjustment. Seller intends to deliver 495 S. Golden State with a ±1.7 AC parcel & 475 S. Golden State with a ±2.66 AC parcel. Final acreages for each address shall be determined prior to the close of escrow.
Cash or terms acceptable to Seller. Seller financing possible.• $1M INVESTED IN NEW ROOF & RETROFITTING
• FULLY ENTITLED CANNABIS CULTIVATION & DISTRIBUTION FACILITY
• CITY COUNCIL & PLANNING COMMISSION APPROVED
• APPROVED TAX SHARING/DEVELOPMENT AGREEMENT
Cash or terms acceptable to Seller. Seller financing possible.• $1M INVESTED IN NEW ROOF & RETROFITTING
• FULLY ENTITLED CANNABIS CULTIVATION & DISTRIBUTION FACILITY
• CITY COUNCIL & PLANNING COMMISSION APPROVED
• APPROVED TAX SHARING/DEVELOPMENT AGREEMENT
Property Facts
Price | $4,300,000 USD | Rentable Building Area | 54,156 SF |
Price Per SF | $79 USD | No. Stories | 1 |
Sale Type | Owner User | Year Built | 1915 |
Property Type | Industrial | Tenancy | Single |
Property Subtype | Food Processing | Parking Ratio | 0.51/1,000 SF |
Building Class | C | No. Drive In / Grade-Level Doors | 8 |
Lot Size | 1.70 AC |
Price | $4,300,000 USD |
Price Per SF | $79 USD |
Sale Type | Owner User |
Property Type | Industrial |
Property Subtype | Food Processing |
Building Class | C |
Lot Size | 1.70 AC |
Rentable Building Area | 54,156 SF |
No. Stories | 1 |
Year Built | 1915 |
Tenancy | Single |
Parking Ratio | 0.51/1,000 SF |
No. Drive In / Grade-Level Doors | 8 |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Walk Score ®
Very Walkable (78)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $455,683 USD | |
Land Assessment | $830,953 USD | Total Assessment | $1,286,636 USD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$830,953 USD
Improvements Assessment
$455,683 USD
Total Assessment
$1,286,636 USD
zoning
Zoning Code | M-1/M-2/C-M, Turlock (495 S. Golden State is Industrial Zoning 475 S. Golden State is Transitional Commercial Zoning.) |
M-1/M-2/C-M, Turlock (495 S. Golden State is Industrial Zoning 475 S. Golden State is Transitional Commercial Zoning.) |
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475-495 S Golden State Blvd
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