475-495 S Golden State Blvd
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475-495 S Golden State Blvd
54,156 SF Industrial Building Turlock, CA 95380 £3,364,535 (£62/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 | £3,364,535 | Rentable Building Area | 54,156 SF |
| Price Per SF | £62 | Number of Floors | 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 | Level Access Doors | 8 |
| Lot Size | 1.70 AC |
| Price | £3,364,535 |
| Price Per SF | £62 |
| 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 |
| Number of Floors | 1 |
| Year Built | 1915 |
| Tenancy | Single |
| Parking Ratio | 0.51/1,000 SF |
| Level Access Doors | 8 |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Walk Score ®
Very Walkable (78)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £349,559 | |
| Land Assessment | £637,432 | Total Assessment | £986,990 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£637,432
Improvements Assessment
£349,559
Total Assessment
£986,990
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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