951-999 Arden Way, Sacramento, CA

951, 973 & 999 Arden Way, Sacramento, CA

$5,750,000

Price

7.78%

Cap Rate

$447,520

NOI

Overview
Cap Rate
7.78%
NOI
$447,520
Building Size
50,000 sqft
Lot Area
75,944 sqft
Zoning
C-2
Description

Intero Commercial and The Hagar Group are pleased to offer the exclusive opportunity to purchase 951-999 Arden Way. This rare opportunity zoned investment consists of the ability to purchase 5 out of 7 total parcels on one contiguous block. This property has the potential to be used in its existing form as a 50,000 ft.² industrial building complete with warehouse, showroom and retail component. It also includes a 3 BR 1 BA house, and 4 additional apartment units. With flexible C-2 general commercial zoning, this property has a very wide range of allowable uses. If not used in its existing format, this property also has the ability to be converted to cannabis use, as well as an excellent site location for ground up multi-family development

Check out our video OM on Youtube!
https://youtu.be/T6DSLUGHUpY
For additional information - https://intero-commercial.com/listings/

Highlights
  • Located in an Opportunity Zone.
  • Located in Green Zone: cultivation, distribution, and manufacturing all allowed
  • Zoned C-2: General Commercial with wide range of permitted uses
  • Opportunity to own 5 of 7 parcels on one contiguous block
  • Has Industrial, retail, and multifamily components
  • Up to 30’ clear heights
  • 5 rollup doors
  • Power | 1000-2000a/440v 3p & Heavy Power

Location
Gallery