14762 Wabash Ave - Specialty FOR SALE


Grass Valley, CA 95945
$1,499,000 USD
916-817-8800
14762 Wabash Ave, Grass Valley, CA for Sale
$1,499,000 USD
Specialty - FOR SALE
1/5
null | 6.36% Cap Rate

14762 Wabash Ave
Grass Valley, CA 95945


HIGHLIGHTS

  • Grow and house leased to a reputable grower.
  • Vineyard leased to reputable wineries.
  • Property carries an entitlement to grow marijuana.

OVERVIEW

Prime Investment with tons of potential. The property sits on 16.97 sprawling acres with multiple avenues of revenue. The vineyard which is currently leased uses approximately 3.2 acres for 6 different varieties of grapes. The grow which is currently permitted and leased is expanding and pushing the limits of production. There is a home that is currently leased. There is a shop with RV parking and dumping that can be leased as well. The property has more areas to be developed for more vineyards or other income producing activities. Proforma Cap Rate is 4.77%

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$882 USD /SF

CAP RATE

6.36%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wabash Income Property

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

16.97 AC

LAND SF

739,213 SF

ZONING

-

APN/PARCEL ID

028-380-012-000

ASK ABOUT THIS PROPERTY

Jeffery DetereKeller Williams RealtyMore Info
916-817-8800

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Jeffery DetereKeller Williams RealtyMore Info
916-817-8800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.