39400 Clarkson Dr - Warehouse FOR SALE


Kingsburg, CA 93631
$6,400,000 USD
559-313-7742
39400 Clarkson Dr, Kingsburg, CA for Sale
$6,400,000 USD
Warehouse - FOR SALE
1/53
null | Request Cap Rate

39400 Clarkson Dr
Kingsburg, CA 93631


HIGHLIGHTS

  • 2 Rail sidings for 22 rail cars, site holds an active lease with Union Pacific RR
  • Easy access to Highway 99 corridor
  • Electricity 480V with 4 transformers
  • 5 Flush loading docks and 2 depressed loading docks
  • 30' ceiling height
  • 2 Truck scales and 1 pallet scale

OVERVIEW

Mettee & Co, in cooperation with The W Group, is pleased to present the offering of 39400 Clarkson Drive, Kingsburg, California, consisting of two parcels available for purchase individually or as a combined site. (Owners would consider leasing Parcel 2 to a qualified tenant.) This property presents a flexible acquisition opportunity for owner-users, industrial operators, agricultural users, or developers seeking strategically positioned land within Tulare County's growing Highway 99 corridor. The site benefits from existing covered/open space improvements, accessible configuration, and proximity to major transportation routes. Available for purchase as: Entire Site: $6,400,000 Parcel 1: $3,900,000 Parcel 2: $2,500,000 LOCATION OVERVIEW Kingsburg is uniquely located in both Fresno and Tulare Counties along the highly trafficked Highway 99 corridor, serving as a key connector between Northern and Southern California logistics routes. INVESTMENT OVERVIEW Asset Type: Income-Producing Industrial Yard and Covered Open Space Ownership: Fee Simple Income Status: Currently Generating Income (Rent rolls available upon request) The property provides stabilized income with potential to enhance revenue operational optimization. PROPERTY OVERVIEW Property Type: Industrial / Yard / Covered Structure Parcel Configuration: Two Parcels Zoning: M1 with overlay MU (Mixed-Use) Access: Easy Hwy 99 access PARCEL 1: Listed for $3,900,000 +/-3.6 acres Free standing buildings, +/- 4,000- to 16,000 sf (Total 20,000 sf) Approximately 35,000 sf of covered area Approximately 4,800 sf of office space 30' ceiling height 2 Rail sidings for 22 rail cars, site holds an active lease with Union Pacific RR Easy access to Highway 99 corridor Annual Rental Income on Parcel 1: $297/yr, NNN (Cap Rate 7.6%) Excellent site for manufacturing, electricians, contractors, painters, plumbers, HVAC contractors and/or supplies 2 Truck scales and 1 pallet scale 5 Flush loading docks and 2 depressed loading docks Electricity 480V with 4 transformers New foam roofing with warranty on all building PARCEL 2 Listed for $2,500,000 +/-2.5 Acres Free standing buildings, +/-8,000 sf Up to 24' ceilings M1 Zoning Electricity: 480V Easy access to Highway 99 corridor Excellent site for manufacturing, electricians, contractors, painters, plumbers, HVAC contractors and/or supplies. PARCEL 2 IS ALSO AVAILABLE FOR LEASE ($10,000/mo NNN)

FOR SALE DETAILS

PRICE

$6,400,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Industrial with RR Spur & Easy Hwy 99 Access

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing, Truck Terminal, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

UTILITIES

-

CLEAR CEILING HT

30 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

6.5

LAND SF

283,140

ZONING

M1

APN/PARCEL ID

028-150-020-000

ASK ABOUT THIS PROPERTY

Josh MetteeMettee & Co.More Info
559-313-7742

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Josh MetteeMettee & Co.More Info
559-313-7742

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