Posts Tagged: Sale

Overview: +/- 12,000 sq. ft. warehouse building for sale. 100% leased. Total site is +/-1.86 acres. Zoning: Industrial. Located in the County of San Luis Obispo. Some tenants are Cannabis related. Sale Price: $3,150,000. Current Cap Rate: 8.8%. Proforma Cap Rate 9.1%. Large lot size could allow for additional building space to be constructed. Current site coverage 15%. Water well on-site. Inquire for rent roll and more information.

± 11.81 acres available. Excellent Santa Maria location in the heart of the Agricultural Industrial Community. Subject site allows possible lot split. Rail availability nearby. Zoned CM (AG Overlay; West Stowell Specific Plan). Sale Price $9.00 per sq. ft. Price subject to change.

The subject property has a mix of new and older buildings all suitable for industry and agricultural applications. This asset is located in the Area 9 planning area and has 4 major valuation components: Open ground presently leased, a free standing Industrial building with paved secure yard, a former cooler/warehouse and a Ranch Office/Residence with large shed. Split zoning between M1 and HCM AG zoning. Current income, please call.  Total acreage +/- 29 acres. New reduced purchase price.

This property is both a key and unique development opportunity within the City of Santa Maria and the Central Coast region. This is a rare infill R3 Zoned amenity rich entitled project (PD 2016-0005) for Senior Apartments. 80 units in a mix of one and two bedrooms. The property is adjacent to medical services and walking distance to shopping centers. New reduced purchase price.