7700 Redwood Blvd California City, CA 93505
- Industrial properties
- 0.90 lot acres
Dec 27, 2023
Current Use by Public Records
- Industrial properties
Property Details for 7700 Redwood Blvd
- Construction
- WOOD FRAME
- Lot size
- 0.90 lot acres
- Zone code
- M-1
- Property type
- Industrial properties
- APN
- 206-031-10-00-5
- APU
- 20603110005
Description
This exceptional California City investment opportunity presents 78,642 square feet (approximately 1.8 acres) of industrial land, perfectly suited for a cannabis operation. The property, located at 7700 Redwood Blvd, California City, CA 93505 (APN 206-031-10), comprises two merged parcels (originally APN 206-031-10 and 206-031-11), Lots 13 and 14 of Tract No. 2121, within Kern County. This land boasts four existing city permits, granting authorization for the construction of an indoor facility, a greenhouse, and a combined manufacturing and distribution area. The property is secure, featuring an 8-foot block wall and iron gates. This offering presents a unique chance to acquire a fully permitted cannabis cultivation and processing site. Expansion opportunities exist with the potential to purchase four adjacent parcels (APN's 299-261-11, 299-261-12, 299-261-13, and 299-261-14), each slightly over one acre and zoned M1, located near Neuralia and Mendiburu, approximately 2.5 miles north of the main property. An additional 4.11-acre parcel (APN 299-261-02) is also available for purchase, situated adjacent to these four lots. The asking price for the main 1.8-acre parcel is $1,200,000. The adjacent parcels are available for $175,000 each, and the 4.11-acre parcel is priced at $549,000. This presents a significant opportunity to acquire a substantial land holding ideal for cannabis-related ventures in a strategic location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- California City
- County
- Kern
- State
- California
- Longitude
- -117.991
- Latitude
- 35.1104
- CBSA code
- 12540
- CBSA name
- BAKERSFIELD, CA METROPOLITAN STATISTICAL AREA