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Property profile & analytics
OFF-MARKET Estimated value $630,000
Warehouses

9840 Cody Ave Coalinga, CA 93210-9246

33,450 SF 1.71 ac lot Built 2023
Entity Owned 4-yr Hold Free & Clear
Property ID
US09-4308070
Property summary
AI-generated overview

This exceptional 34,000-square-foot industrial warehouse presents a unique opportunity for cannabis businesses in Coalinga, CA. Situated on a substantial 1.7-acre lot (74,488 square feet), this fully equipped facility is designed specifically for cannabis operations and is compliant with all necessary city licenses. The property offers a turnkey solution for entrepreneurs seeking to establish or expand their presence in the thriving cannabis market. The warehouse features a generous 20-foot roof height, providing ample vertical space for various production needs. Energy efficiency is maximized with the inclusion of valuable VPS panels, resulting in significant cost savings. Its versatile design makes it ideal for manufacturing, distribution, and other commercial uses, offering considerable potential for future expansion and growth. Located in Coalinga, a city known for its supportive cannabis regulations, this property benefits from a favorable business environment and access to a robust market. This is a rare opportunity to capitalize on the burgeoning cannabis industry in a prime location. The property's size, features, and location combine to create an exceptional investment opportunity for those seeking to establish a successful cannabis-related enterprise. The existing infrastructure and compliance with city regulations significantly reduce the time and cost associated with setting up operations. This turnkey solution allows businesses to focus on growth and profitability from day one.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2023
Total area 33,450 SF
Lot 1.71 ac (74,487 SF)
Zoning code MBL
APN 070-120-11S
UPID US09-4308070
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$630k
Owner & transaction history
Ferdosee Ranch LLC · 4 yrs held
Ferdosee Ranch LLC
since 2021
Last sale
$600,000
6 recorded transactions
2021
$600,000
2017
$450,000
2017
Price N/A
2016
Price N/A
2016
$200,000
2013
Price N/A
Zoning & alternative use
MBL · Coalinga, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

To provide areas for a mix of light industrial, secondary office, bulk retail, and service uses. This district allows for uses such as, warehouse, mini storage, research and development, wholesale, bulk retail, and office space with limited customer access. This district also allows for other uses, such as commercial recreation, distribution centers, or othe…

Zone name Light Manufacturing Business
General category INDUSTRIAL
Zone area 302.81 ac
Source Realmo
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