Property summary
This exceptional North Highlands, CA industrial flex property offers 29,834 square feet on a 0.68-acre lot, boasting two dock-high doors. Built in 1963 and renovated in 1972, this Class C building features a blend of traditional and executive offices, an event hall/showroom, a full commercial kitchen, and warehouse space. The property is zoned M-1 Light Industrial, allowing for diverse uses including construction offices, storage, distribution, retail, or even a lumber yard (buyer/tenant to verify permitted uses). Situated on a larger 1.9 acre parcel, it benefits from approximately 400 feet of frontage on US Highway 80, a major thoroughfare with approximately 143,400 daily vehicles. The property is conveniently located approximately 1.05 miles from US Interstate Highway 80 and Highway 80 Business Loop, providing easy access to major transportation routes. Currently occupied by several small office tenants, an event center, and a warehouse tenant, the property can be delivered vacant or with existing tenants and income streams at closing. The asking price is $5,500,000, translating to $184.35 per square foot. The property's location offers a compelling opportunity for businesses seeking a cost-effective alternative to higher-priced areas, while still enjoying access to quality schools and recreational amenities. The APN is 240-0153-075-0000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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