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991 Industrial Way 5,564 SF Vacant Industrial Building King City, CA 93930 $999,000 ($179.55/SF) 11.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Restored Main Building with Kitchen
- Flat 1 acre site fully fenced with electric gate
- Additional warehouse space and newly renovated office space
EXECUTIVE SUMMARY
Bank-Owned REO | Motivated Seller | Priced to Sell
This versatile 1-acre commercial property offers an exceptional opportunity for a variety of uses, including agriculture-related operations, food processing, or cannabis-related ventures. The motivated lender/seller has priced the property competitively to encourage a timely sale.
The fully fenced and gated site features 5,568 square feet of total improvements, including a 3,264 SF main building that has been extensively renovated. Highlights include:
• A former commercial kitchen with hood system still in place
• ADA-compliant restrooms
• Renovated office space
• Storage and warehouse areas
In addition, two self-contained modular structures ("PODS")—measuring 576 SF and 1,728 SF respectively—are installed on permanent foundations and provide an additional 2,304 SF of usable space. The property also includes a couple of freestanding, self-contained outbuildings, offering even more operational flexibility.
PROPERTY FACTS
AMENITIES
- Yard
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
The Property is ideal for several uses including agriculture related uses or even cannabis. The main building has been restored and includes a kitchen, additional warehouse, and a newly renovated office space. The warehouse is approximately 5564sqft, 3264 sqft kitchen and 2300 sqft warehouse, all on a flat 1-acre site which is fully fenced with electric opening gate. In addition, this property offers a couple freestanding self-contained buildings. This property has been updated with Nano Emulsion Technology
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,564 SF | Industrial | Partial Build-Out | Now |
1st Floor
| Size |
| 5,564 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 5,564 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
The Property is ideal for several uses including agriculture related uses or even cannabis. The main building has been restored and includes a kitchen, additional warehouse, and a newly renovated office space. The warehouse is approximately 5564sqft, 3264 sqft kitchen and 2300 sqft warehouse, all on a flat 1-acre site which is fully fenced with electric opening gate. In addition, this property offers a couple freestanding self-contained buildings. This property has been updated with Nano Emulsion Technology
PROPERTY TAXES
| Parcel Number | 026-351-024-000 | Improvements Assessment | $500,000 |
| Land Assessment | $1,000,000 | Total Assessment | $1,500,000 |
PROPERTY TAXES
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991 Industrial Way
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