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100 W Las Palmas Ave
Patterson, CA 95363
Industrial Property For Sale
Investment Highlights
- Opportunity Zone
- Existing Construction
- Near Highway 33
- Business Friendly City Goverment
- Office Area
- New Zoning allows High density residential
Executive Summary
Property Overview:
This expansive property, formerly known as the Patterson Frozen Foods Main Plant, offers an exciting investment and redevelopment opportunity in the heart of downtown Patterson. With its recent zoning change, the property is now approved for high-density residential development (35 units per acre), providing immense potential for mixed-use projects.
Key Features:
Zoning: High-Density Residential + Mixed-Use
Potential for 150+ residential units
Approved for retail stores, restaurants, offices, entertainment venues, and more
Opportunity Zone: Enjoy tax benefits including capital gains deferral and tax-free appreciation
Historic Water Tower: Adds character and value to the property
Cannabis "Green Zone" Location: Active dispensary tenant paying $5,000/month in rent
Modern Fire Suppression System: New overhead wet fire sprinkler system installed in 2024
Investment Highlights:
Prime Location in Patterson’s emerging downtown corridor
High-Density Residential potential to meet increasing housing demand
Mixed-Use Development possibilities to support a vibrant, walkable community
Opportunity Zone Tax Benefits provide additional financial incentives
Steady Income Stream from existing tenants
This expansive property, formerly known as the Patterson Frozen Foods Main Plant, offers an exciting investment and redevelopment opportunity in the heart of downtown Patterson. With its recent zoning change, the property is now approved for high-density residential development (35 units per acre), providing immense potential for mixed-use projects.
Key Features:
Zoning: High-Density Residential + Mixed-Use
Potential for 150+ residential units
Approved for retail stores, restaurants, offices, entertainment venues, and more
Opportunity Zone: Enjoy tax benefits including capital gains deferral and tax-free appreciation
Historic Water Tower: Adds character and value to the property
Cannabis "Green Zone" Location: Active dispensary tenant paying $5,000/month in rent
Modern Fire Suppression System: New overhead wet fire sprinkler system installed in 2024
Investment Highlights:
Prime Location in Patterson’s emerging downtown corridor
High-Density Residential potential to meet increasing housing demand
Mixed-Use Development possibilities to support a vibrant, walkable community
Opportunity Zone Tax Benefits provide additional financial incentives
Steady Income Stream from existing tenants
Property Facts
| Sale Type | Investment | Year Built | 1959 |
| Sale Condition | 1031 Exchange | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.35/1,000 SF |
| Property Subtype | Food Processing | Clear Ceiling Height | 20’ |
| Building Class | B | No. Dock-High Doors/Loading | 5 |
| Lot Size | 4.29 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 115,000 SF | Opportunity Zone |
Yes
|
| No. Stories | 1 | ||
| Zoning | Light Industrial - Industrial zoning description attached. | ||
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Food Processing |
| Building Class | B |
| Lot Size | 4.29 AC |
| Rentable Building Area | 115,000 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Tenancy | Single |
| Parking Ratio | 0.35/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | Light Industrial - Industrial zoning description attached. |
Amenities
- Fenced Lot
Utilities
- Gas - Natural
- Water - City Water
- Sewer - City Sewer
Property Taxes
| Parcel Number | 048-01-11 | Improvements Assessment | $299,336 CAD |
| Land Assessment | $676,041 CAD | Total Assessment | $975,378 CAD |
Property Taxes
Parcel Number
048-01-11
Land Assessment
$676,041 CAD
Improvements Assessment
$299,336 CAD
Total Assessment
$975,378 CAD
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