King City CA Real Estate & Commercial for Sale

Recently reduced to $1,700,000 - approximately $104/SF. Seller is motivated and has priced the property accordingly, with attractive seller financing available to qualified buyers. 16,355 SF industrial warehouse on 2.14 acres consisting of two legal parcels directly across from the King City Airport. Excess land and two-parcel configuration provide excellent flexibility for an owner/user, investor, expansion or additional development. Seller will consider financing for a qualified Buyer with a minimum of $300,000 down, 7% interest and term up to 3 years, secured by a first-priority deed of trust. Financing subject to Seller approval of Buyer's financials, creditworthiness, proof of funds and mutually acceptable loan documents

This listing can be combined with ML82012658, the main cattle ranch located approximately 9 miles to the northeast. The farming component includes 5 parcels totaling 744 acres, of which 552.60 acres are highly productive level Class II soils, well-suited for a wide range of row crops. Currently farmed in leafy greens, the irrigated acreage is supported by a developed irrigation system including two high-production wells and retention ponds with an income producing lease in place with a large local agricultural cooperative, providing reliable annual revenue. The soil quality, water availability, mild Mediterranean climate, and existing infrastructure offer significant flexibility for future crop rotations or diversified production. Utilities are also in place, making this farmland fully equipped for ongoing agricultural or other diversified uses.

The property is zoned for most commercial/industrial uses including manufacture, repair, sale or lease of automobiles and ag vehicles or equipment. Also included is cannabis manufacturing and distribution. This property was remodeled for a Type 7 Volatile extraction facility equipped with a C1D1 and a C1D2 extractor. The previous operator was fully permitted with cannabis manufacturing, distribution, and nursery licenses. Local city government is supportive of the cannabis industry. Building has a total of 10,480 sf, 4,800 sf is the remodeled cannabis manufacturing facility, the remainder of 5,680 sf is un-remodeled warehouse. Location of the property in the center of California makes it a great distribution hub. Property has a reliable power source with a Local Community Power agency at rates less than PG&E.