2751 Land Avenue, Sacramento, CA
Industrial for Sale - $7,800,000 - 37,200 Sq. Ft. on 1.66 acres
Property Info
| CIMLS# | 1040151 |
| Location 2751 Land Avenue Sacramento CA 95815 | |
| Updated | February 26th, 2019 |
| Type | Industrial |
| Price | $7,800,000 |
| Building | 37,200 Sq. Ft. |
| Land | 1.66 acres |
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