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Property profile & analytics
OFF-MARKET
Manufacturing properties

19581 Ave 344 Woodlake, CA 93286-9608

3.55 ac lot Built 1900
Individually Owned 7-yr Hold Free & Clear
Property ID
US09-5898524
Property summary
AI-generated overview

This exceptional 3.55-acre corner lot in Woodlake, CA, presents a unique investment opportunity within the thriving cannabis industry. Located at 19581 Avenue 344, the property boasts high visibility due to its prime corner location on a busy thoroughfare. The existing 1,000 square foot structure, previously utilized as a cold storage and fruit packing facility, offers immediate potential for various uses. Its history as a sorting and storage space makes it adaptable to a range of industrial applications. The property's zoning allows for mixed light industrial uses, as well as cannabis-related activities including manufacturing, distribution, delivery, and extraction. In addition to the main structure, a manufactured home is situated on the property. The primary value lies in the expansive land itself, offering significant development potential for businesses seeking a strategic location within the burgeoning cannabis sector of Woodlake. The property's versatility and strategic location make it an attractive investment for entrepreneurs and developers alike. The asking price is $575,000.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1900
Lot 3.55 ac (154,638 SF)
APN 059-110-022-000
UPID US09-5898524
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Changlin Xu · 7 yrs held
Changlin Xu
since 2019
7 recorded transactions
2019
Price N/A
2019
$750,000
2015
$450,000
2010
Price N/A
2005
Price N/A
2003
Price N/A
2002
$210,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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