14762 Wabash Ave - Wabash Income Property
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14762 Wabash Ave - Wabash Income Property
1,700 SF Specialty Building Offered at $2,842,578 CAD at a 4.77% Cap Rate in Grass Valley, CA 95945
Investment Highlights
- Grow and house leased to a reputable grower.
- Property carries an entitlement to grow marijuana.
- Vineyard leased to reputable wineries.
Executive Summary
Prime Investment with tons of potential.
The property sits on 16.97 sprawling acres with multiple avenues of revenue. The vineyard which is currently leased
uses approximately 3.2 acres for 6 different varieties of grapes. The grow which is currently permitted and leased is expanding and pushing the limits of production. There is a home that is currently leased. There is a shop with RV parking and dumping that can be leased as well. The property has more areas to be developed for more vineyards or other income producing activities. Proforma Cap Rate is 4.77%
The property sits on 16.97 sprawling acres with multiple avenues of revenue. The vineyard which is currently leased
uses approximately 3.2 acres for 6 different varieties of grapes. The grow which is currently permitted and leased is expanding and pushing the limits of production. There is a home that is currently leased. There is a shop with RV parking and dumping that can be leased as well. The property has more areas to be developed for more vineyards or other income producing activities. Proforma Cap Rate is 4.77%
Property Facts
| Price | $2,842,578 CAD | Property Subtype | Winery/Vineyard |
| Price Per SF | $1,672 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 16.97 AC |
| Cap Rate | 4.77% | Building Size | 1,700 SF |
| Sale Conditions | 1031 Exchange | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1961 |
| Price | $2,842,578 CAD |
| Price Per SF | $1,672 CAD |
| Sale Type | Investment |
| Cap Rate | 4.77% |
| Sale Conditions | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Winery/Vineyard |
| Building Class | C |
| Lot Size | 16.97 AC |
| Building Size | 1,700 SF |
| No. Stories | 1 |
| Year Built | 1961 |
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14762 Wabash Ave - Wabash Income Property
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