175 Commerce Circle

175 Commerce Circle Sacramento, CA 95815

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FOR SALE Incentives
Property Type:
Factory
Amount:
$3,975,000
Last Verified:
Aug 17, 2017

Highlights

  • Zoned For Cultivation
  • Owner Open To Carry Options!
  • Solvent-less Manufacturing!
  • 19’ Ceiling Clearance
  • 15,000 Ft. Fenced In Yard
  • Ample Parking
  • Tucked Away Location!
  • Large Lot
  • Room For Future Expansion

Description

Rosano Partners is proud to present a unique opportunity to acquire a 22,000 SF building on a 56,192 SF lot zoned for marijuana business uses. The structure has two addresses. One unit is 16,000 SF and the other is 6,000 SF, and both spaces share an electric capacity of 400 amps at 240V. The 16,000 SF space will be delivered vacant and the 6,000 SF unit has a tenant whose lease expires in March 2018. This concrete tilt up is well suited for cannabis cultivation and solvent-less manufacturing, with a 19’ ceiling clearance and a location that is tucked away out of sight out of mind. This property provides an outstanding chance to scale your cannabis business in a favorable market for legal marijuana uses.

Located on the northeast side of Sacramento, this property is zoned for M-1 light industrial, providing you the opportunity to establish your marijuana business venture. The facility is just north of the American River and conveniently located off Highway 160 for easy accessibility. The property qualifies for medical marijuana businesses including cultivation and solvent-less manufacturing. Sacramento passed Ordinance 2016-0051 in November 2016, which taxes, regulates, and allows marijuana businesses to operate inside city limits. The city is currently accepting applications for marijuana businesses. Sacramento has a progressive ordinance, with competitive tax and license application rates. This property provides an incredibly valuable opportunity to acquire a legal cultivation facility and become a first mover in California, the largest marijuana market in the world.


Year Built: 1981
Building Size: 21963.0sq ft
Lot Size: 1.29 acres

Map of 175 Commerce Circle, Sacramento, CA, 95815

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.