661 L St Sanger, CA 93657
This ±86,000 square foot industrial building sits on a 2.42-acre lot in Sanger, CA, at 661 L St, 93657. Built in 1950 and renovated in 1990, this Class C property offers a unique blend of warehouse, distribution, and refrigerated/cold storage space. The single-tenant building features approximately 23,876 square feet of cold storage (divided into three pre-cooling and three cold storage rooms), 58,894 square feet of warehouse space with three loading docks and two packing areas, and 13,230 square feet of air-conditioned/heated office space. The property boasts a functional layout, allowing for flexible configuration and the possibility of occupying or leasing out different sections. This represents a cost-effective alternative to new construction, avoiding delays, land acquisition costs, and high construction expenses. The ML (Light Industrial) zoning permits a variety of uses. The property includes 480/277 Volt, 3-Phase 4-Wire 3,000 Amp electric service. A current month-to-month tenant provides flexibility for the buyer. The asking price is $2,000,000 ($23.26/sq ft). The property's APN is 320-011-15S. This high-exposure building offers excellent freeway access and is located in the Enterprise Zone. The clear-span warehouse features evaporative coolers and Reznor heaters.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.