915 I StSacramento, CA 95814

  • Office buildings
  • 2.50 AC
For Sale
$125,000 View listing

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
915 I St, Sacramento, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$63,530
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