1001 I StSacramento, CA 95814

Property Details for 1001 I St

Lot size

2.50 AC

Zone code

C-3-SPD

Property type

Office buildings

APN

006-0043-003-0000

APU

600430030000

Description

Exceptional investment opportunity: A portfolio of two highly profitable cannabis dispensaries is available for acquisition in Sacramento, CA. This turnkey operation includes two strategically located storefronts, one established in 2018 in a bustling downtown area with 7 on-site parking spaces and 935 square feet, and a second, opened in 2021, situated in a high-traffic Interstate commercial zone boasting 49 parking spaces and 2,800 square feet. Both dispensaries benefit from strong customer loyalty and consistent revenue streams, significantly outperforming industry averages. The sale includes all assets, including inventory, equipment (computers, printers, office furniture, POS stations, safes, and CCTV security systems), and licenses (C10 license for both locations, and C11 license for the Interstate location). The Interstate location also holds non-active licenses for delivery, cultivation (types 2a, 3a, & 4), and manufacturing (types 6 & 7). Real estate ownership or long-term lease options are available. The combined gross sales exceeded $34.3 million in 2023, with a net profit of $6 million. 2024 year-to-date sales demonstrate continued growth. Asking price is $18.5 million; seller is open to offers. A non-disclosure agreement and proof of financial capability are required before further details are released.

• CAP approach

  CAP return

  Valuation

  6%

  $33,379,822

  6.5%

  $30,812,142

  7%

  $28,611,276

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,548,742

  Geo Method

  $15,548,742

• Alternative Use

  Use

  Valuation

  Residential

  $38,207,056

  Hospitality

  $34,997,460

  Educational

  $29,117,474

  Medical

  $30,118,870

  Retail

  $45,293,848

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5818

Longitude

-121.492

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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