9900 Cody AveCoalinga, CA 93210

Property Details for 9900 Cody Ave

Year built

1998

Construction

WOOD

Lot size

1.13 AC

Property size (Sq ft)

3,758 SF

Zone code

MBL

Property type

Office buildings

APN

070-120-01S

APU

07012001S

Description

This exceptional 5.7-acre parcel in Coalinga, CA, presents a unique investment opportunity. Located on Cody Avenue, this property boasts 17,577 square feet and is zoned for cannabis cultivation, offering significant potential for investors in the burgeoning cannabis industry. Previously the site of West Hill Community College, the land is cleared and ready for development, saving time and resources. The property's strategic location provides easy access to Coalinga's main thoroughfares. An innovative business plan is included, incorporating modern and sustainable design concepts. Priced at $2,190,000, this mixed-use property is ideal for entrepreneurs and developers seeking to capitalize on Coalinga's economic growth. The property's size and zoning make it suitable for a variety of ambitious projects, from cannabis cultivation facilities to mixed-use developments. Its convenient location and existing infrastructure make it an attractive investment for those seeking to establish a presence in a thriving community. This is a chance to be part of Coalinga's exciting future.

• CAP approach

  CAP return

  Valuation

  6%

  $532,758

  6.5%

  $491,776

  7%

  $456,650

• Comparable approach

  Method

  Valuation

  Relative Method

  $499,026

  Geo Method

  $1,048,144

• Alternative Use

  Use

  Valuation

  Residential

  $609,803

  Hospitality

  $558,576

  Educational

  $464,729

  Medical

  $480,711

  Retail

  $722,911

Location Insight

City

Coalinga

County

Fresno

State

California

Latitude

36.1793

Longitude

-120.356

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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