14442 Old Walnut Grove-Thornton Rd, Walnut Grove, CA 95690
- Warehouses
- 8,800 SF
- 9.66 lot acres
Current Use by Public Records
- Warehouses
Property Details for 14442 Old Walnut Grove-Thornton Rd
- Year built
- 1970
- Lot size
- 9.66 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a 8,800-square-foot industrial warehouse situated on a substantial 9.66-acre lot in Walnut Grove, CA. The property boasts two free-standing metal buildings, totaling 8,800 square feet (4,800 SF and 4,000 SF), currently leased at 100% occupancy to a concrete company under a modified lease agreement with a remaining term of approximately 1.4 years (expiring May 1, 2026). The lease commenced May 1, 2024, at a monthly rate of $17,000, generating a substantial net operating income (NOI) of $204,000 annually. The property features 400 amps, 120 volts, 3-phase power. Approximately 5.23 acres are improved with paving and crush rock, while an additional 4.43 acres remain unimproved, offering significant expansion potential. The property is zoned M2 and offers a compelling cap rate of 5.23% at an asking price of $3,900,000. Built in 1970, this single-story property presents a strong investment opportunity with significant upside potential. The land value alone is $9.25 per square foot. The property's location in Sacramento County, CA, provides easy access to major transportation routes. This is a rare opportunity to acquire a well-located, income-producing industrial property with substantial land holdings.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Walnut Grove
- County
- Sacramento
- State
- California
- Longitude
- -121.526
- Latitude
- 38.2429
