$8,900,000
This 39.09 acre property represents a rare convergence of high-capacity industrial infrastructure and agricultural production, available for sale or lease. At the center of the operation is 97,700 square feet of conditioned warehouse space spread across two buildings, with temperature control that could accommodate various uses, and robust 480/277V, 1,600-amp, 3-phase power. The front unit features 1,506 square feet of office space complete with restrooms and breakroom amenities. The facility is supported by a comprehensive fire suppression system linked to a 103,000 gallon water tank. Water is provided to the property by two wells. Beyond its industrial utility, the property boasts a 32 acre vineyard planted in 2014, with 16 acres each of Cabernet Sauvignon and Petite Sirah. Seller is offering to lease back the vineyard through 2029. Energy produced by the 320kW solar panels, can be sold back to the grid or used to offset expenses. The 1,809 square foot modular home and 2,072 square foot barn/shop, could be additional rental income or a caretaker's residence. While operated and bonded as a winery in the past, the flexible AG-40 zoning allows for a variety of agricultural uses. Also, the site had additional building expansions approved under a previous application. This is a great acquisition opportunity at a discount to replacement cost. Check with your accountant about how accelerated depreciation for manufacturing facilities (Section 168(n) could be advantageous for you.
226050228
MLS
11989 N Clements Road, Linden
Listing courtesy of Petersen & Company.
