2751 Land Avenue, Sacramento, CA

Industrial for Sale - $7,800,000 - 37,200 Sq. Ft. on 1.66 acres

The Vollman Company, Inc.

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Agent Info

NameDennis Vollman
CompanyThe Vollman Company, Inc.

Property Info

CIMLS #1040151
Location2751 Land Avenue
Sacramento CA 95815
Last UpdatedFebruary 26th, 2019
TypeIndustrial
Price$7,800,000
Building37,200 Sq. Ft.
Land1.66 acres
DemographicsView data

Attached Documents


Contact


Property Description

State Of The Art Approved Cultivation,

Manufacturing and Distribution Multi Cannabis

Business Facility, Entertaining Offers With Poof Of

Funds

Gross Revenue Projection of $35,000,000.00 -

$43,000,000.00 Annually

All Building Permits Have Been Approved For

45,170 SF State of The Art Build-Out

Approved (CUP) Conditional Use Permits Each For

Cultivation, Manufacturing And Distribution All

under One Roof

Complete And Approved Engineered Plans

4,000 Amps 3 Phase 480 V Already At Building

Sellers Back Financing Is Available, 10% Annual

Interest ( 3-5 years term) @ 50% LTV,

Serious Inquiries Only. Creative Deals Involving

Real Estate, Buyer Must Have Capital And Proof Of

Funds

The Building Is Positioned Well For A Value-Add

Investor, And An Owner-User

General Contractor And Design Team In Place For

Immediate Construction Build-Out

An Ability To Start Operations Within 3-6 Months,

Given All Permits And Business Entitlements In

Place And Saving Years Of Municipal Scrutiny With

Uncertain Results


Financials

OFFERING PRICE $7,800,000.00

NOI (TURN KEY FACILITY ) $42,998,150