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991 Industrial Way

5,564 SF Industrial Building King City, CA 93930 $2,338,825 CAD ($420 CAD/SF) 7.03% Cap Rate

Investment Highlights

  • Restored Main Building with Kitchen
  • Flat 1 acre site fully fenced with electric gate
  • Additional warehouse space and newly renovated office space

Executive Summary

The Property is ideal for several uses including agriculture related uses or even cannabis. The main building has been restored and includes a kitchen, additional warehouse, and a newly renovated office space. The warehouse is approximately 5564sqft, 3264 sqft kitchen and 2300 sqft warehouse, all on a flat 1-acre site which is fully fenced with gate. In addition, this property offers a couple freestanding self-contained buildings.
This property has been updated with Nano Emulsion Technology (Cannabis nano emulsion occurs when cannabis oil is processed to absorb into microscopic water particles. These miniscule droplets infused with THC can be absorbed into the human endocannabinoid system at a speed and purity beyond that of lipid-based cannabinoid).
Owner is willing to consider a lease as well.

Property Facts

Price $2,338,825 CAD
Price Per SF $420 CAD
Sale Type Investment or Owner User
Cap Rate 7.03%
Sale Conditions REO Sale
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
Building Class C
Lot Size 0.99 AC
Rentable Building Area 5,564 SF
No. Stories 1
Year Built 1987
Tenancy Single
No. Drive In / Grade-Level Doors 2

Amenities

  • Bio-Tech/ Lab Space
  • Yard

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 5,564 SF
  • Industrial
  • -
  • Now

The Property is ideal for several uses including agriculture related uses or even cannabis. The main building has been restored and includes a kitchen, additional warehouse, and a newly renovated office space. The warehouse is approximately 5564sqft, 3264 sqft kitchen and 2300 sqft warehouse, all on a flat 1-acre site which is fully fenced with electric opening gate. In addition, this property offers a couple freestanding self-contained buildings. This property has been updated with Nano Emulsion Technology

Space Size Space Use Condition Available
1st Floor 5,564 SF Industrial - Now

1st Floor

Size
5,564 SF
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 5,564 SF
Space Use Industrial
Condition -
Available Now

The Property is ideal for several uses including agriculture related uses or even cannabis. The main building has been restored and includes a kitchen, additional warehouse, and a newly renovated office space. The warehouse is approximately 5564sqft, 3264 sqft kitchen and 2300 sqft warehouse, all on a flat 1-acre site which is fully fenced with electric opening gate. In addition, this property offers a couple freestanding self-contained buildings. This property has been updated with Nano Emulsion Technology

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
026-351-024-000
Land Assessment
$1,170,575 CAD
Improvements Assessment
$365,805 CAD
Total Assessment
$1,536,379 CAD

zoning

Zoning Code M-3/A-P (Heavy Industrial / Combing Airport District)
M-3/A-P (Heavy Industrial / Combing Airport District)
  • Listing ID: 33888608

  • Date on Market: 2024-11-15

  • Last Updated:

  • Address: 991 Industrial Way, King City, CA 93930

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