Technical
Financial
Distress signals
Property profile

33777 Cecil Ave Delano, CA 93215

OFF-MARKET
Refrigerated & Cold Storage
Property ID
US09-3823933
210,000 SF Built 2014
Entity Owned 8-yr Hold
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Property summary

AI-generated overview

This exceptional 210,000-square-foot Class C cold storage facility, built in 2014, presents a significant investment opportunity in Delano, California's thriving agricultural heartland. Located at 33777 Cecil Ave, Delano, CA 93215, this property boasts a strategic location within Kern County, offering easy access to major transportation routes. The facility features 155,675 square feet of temperature-controlled storage space, meticulously divided into eighteen pre-cooler rooms and ten storage rooms. Five of the storage rooms are equipped with pallet racking systems, maximizing storage capacity. With a remarkable capacity to store up to 750,000 table grape boxes, this facility is ideally suited for agricultural products. The property includes a substantial covered canopy with four receiving lines and ten loading docks, ensuring efficient and streamlined shipping operations. The property is zoned for agriculture, providing flexibility for future uses. The asking price is $24,950,000, translating to $118.81 per square foot. This represents a compelling investment in a high-demand sector within a prime agricultural region. The property's size, features, and location make it an exceptional opportunity for investors seeking a strong return in the California agricultural market. Further details are available upon request.

Property profile

Verified
Property type Refrigerated & Cold Storage
Year built 2014
Total area 210,000 SF
UPID US09-3823933

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office Coworking & Hybrid Office

Location

33777 Cecil Ave Delano, CA 93215
Delano metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2018
1 recorded transaction
2018
$49.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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