915 I StSacramento, CA 95814
- Office buildings
- 2.50 AC
Property Details for 915 I St
- Lot size
- 2.50 AC
- Zone code
- C-3-SPD
- Property type
- Office buildings
- APN
- 006-0041-013-0000
- APU
- 600410130000
Description
This turnkey cannabis distribution business in Sacramento, CA, is offered at $125,000 (offers considered). The 3,000 sq ft facility (with potential for 3,000 sq ft expansion) boasts a current lease of $4,500/month with a minimum 3-year term. Eight parking spaces are available. The property includes security cameras and a DEA-compliant product storage cage. Crucially, the Conditional Use Permit (CUP) allows for all cultivation and manufacturing licenses, including Type 7 manufacturing (allowing extraction with volatile solvents like LHE/BHO), and Types 6, N, and P manufacturing. The CUP also covers non-storefront retail (off-premises sales, direct-to-consumer) and distribution of cannabis products from manufacturer to dispensary, including transportation between all cannabis businesses. Fire engineering plans are approved, and architectural drawings are complete. The existing build-out includes office spaces, a bathroom, and secure DEA storage. This presents a strategic opportunity for expansion in the Sacramento market, ideal for multi-state operators or new entrants to the industry. The seller requires a signed NDA/waiver and proof of financials before releasing further details and the exact location. This is a fully exclusive listing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
- 38.5821
- Longitude
- -121.493
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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