Fruitridge Rd Sacramento
Rosano Partners is proud to present a unique opportunity to acquire a 41,600 SF concrete tilt-up facility on an 89,298 SF lot in Sacramento, CA. This property is zoned M-2 and allows for cannabis business uses, including cultivation and solvent-less manufacturing. This expansive building is well suited for cannabis cultivation and manufacturing, boasting 20’ ceiling clearance and an electric capacity of 2,000 amps at 277/480V! The four separate addresses and large floor plan are ideal for an array of licensing options for your cannabis business venture. This property has the power to support a 22,000 SF canopy! Do not miss out on this rare chance to start operating without waiting for power upgrades.
- 2,000 Amps at 277/480v!
- Zoned For Marijuana Cultivation
- Zoned For Solvent-less Manufacturing!
- Ideal For LARGE Scale Cultivation!
- Multiple Addresses
- 20’ Ceiling Clearance
Sale Price: $7,500,000
Est Income: $135,200
Cap Rate: 21.6%
Lot Size: 89,298 SF
Building Size: 41,600 SF
Year Built: 1979
The exit strategy on this project: Refinance
Because this property is a new build, there is no income so it is impossible to give an accurate evaluation. Once the Tenant moves in and starts to pay rent we can begin our seasoning period of 3-12 months depending on the lender.
A 12% CAP rate is extremely low and would put this properties value at $13.52M allowing us to refinance the property and get our investors back their original capital.