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Food Processing & Cold Storage 2068 Lapham Dr 45,614 SF Industrial Building Modesto, CA 95354 $6,500,000 ($142.50/SF)

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INVESTMENT HIGHLIGHTS

  • Industrial food processing and cold storage facility with temperature-controlled freezer space
  • Rare industrial property with 38.5-foot ceiling height for the freezer space portion of the building
  • The property sits on a 3.04 Acre site providing plenty of space for parking, outdoor storage, and ease of access for distribution
  • Located in Modesto’s industrial hub, with national food and food storage business in the immediate surrounding area
  • Equipped with a substantial 4,000 Amp electrical service, the facility is well-suited to accommodate high-demand operations
  • Includes 4 dock high doors as well as a ramp for ease of loading

EXECUTIVE SUMMARY

Former home for La Michoacana, 2068 Lapham Drive represents a significant investment opportunity for businesses seeking a well-equipped industrial facility with a great location just north of the Modesto City Airport.
The subject property is a premier industrial asset, offering a combination of space, infrastructure, and functionality. Its strategic location in Modesto, coupled with its extensive features, makes it an ideal choice for companies seeking to enhance their operational capabilities. Whether for cold storage, high-power operations, or flexible space utilization, this property provides a robust foundation to support diverse business needs.
The facility produced La Michoacana’s high-quality Mexico inspired popsicles and cold treats.

PROPERTY FACTS

Price $6,500,000
Price Per SF $142.50
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Food Processing
  • Industrial Manufacturing
  • Industrial Refrigeration ColdStorage
  • Industrial Warehouse
Building Class C
Lot Size 3.04 AC
Rentable Building Area 45,614 SF
No. Stories 1
Year Built/Renovated 1966/1998
Tenancy Single
Parking Ratio 0.87/1,000 SF
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning M3 - M3 Heavy Industrial

AMENITIES

  • Fenced Lot
  • Freezer (Space)
  • Reception
  • Storage Space

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - Food Processing/Dry
  • 30,304 SF
  • Industrial
  • -
  • Now
  • 1st Fl - Freezer Space
  • 15,310 SF
  • Industrial
  • -
  • Now

± 38.5 FT Clear Ceiling Height - Freezer

Space Size Space Use Condition Available
1st Fl - Food Processing/Dry 30,304 SF Industrial - Now
1st Fl - Freezer Space 15,310 SF Industrial - Now

1st Fl - Food Processing/Dry

Size
30,304 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - Freezer Space

Size
15,310 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - Freezer Space

Size 15,310 SF
Space Use Industrial
Condition -
Available Now

± 38.5 FT Clear Ceiling Height - Freezer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
036-18-26
Land Assessment
$635,230
Improvements Assessment
$2,472,633
Total Assessment
$3,107,863
  • Listing ID: 36849220

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 2068 Lapham Dr, Modesto, CA 95354

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