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475-495 S Golden State Blvd 54,156 SF Industrial Building Turlock, CA 95380 $4,300,000 ($79.40/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 | Rentable Building Area | 54,156 SF |
| Price Per SF | $79.40 | 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 | Zoning | M-1/M-2/C-M, Turlock - 495 S. Golden State is Industrial Zoning 475 S. Golden State is Transitional Commercial Zoning. |
| Price | $4,300,000 |
| Price Per SF | $79.40 |
| 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 |
| Zoning | M-1/M-2/C-M, Turlock - 495 S. Golden State is Industrial Zoning 475 S. Golden State is Transitional Commercial Zoning. |
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Numbers | 043-50-04, 043-51-16 | Improvements Assessment | $455,683 |
| Land Assessment | $830,953 | Total Assessment | $1,286,636 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$830,953
Improvements Assessment
$455,683
Total Assessment
$1,286,636
MAP
ADDITIONAL PHOTOS
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Plat Map
Plat Map