Camage Industrial Park, Sonora, CA

$599,000

 

Camage Industrial Park is an approved light industrial minor land subdivision located in Sonora, CA totaling 5.96 acres.  The approved development incorporates three separate parcels ranging in size from 72,978 SF, 76,611 SF and 109,559 SF, and is entitled for condominium purposes.  The entitlements include a Site Development Permit which allows for the construction of industrial condominiums, but can be modified to allow for other condominium development opportunities.  Special attention was made during the entitlement process to maximize the full development potential of the property while meeting the planning and zoning code requirements of Tuolumne County.  Camage Industrial Park is a fully approved project that can begin immediately under construction.  The entitlement package includes, but is not limited to the following documents.

 

• Approved “Vesting” Tentative Map due to expire June of 2019

• Site Development Approval for industrial condominiums

• Approved Site Plan with stipulated floor area ratios for maximum building coverage

• Approved Landscape Plan per Tuolumne County requirements

• Approved Architecture Plans designed to maximize height and configuration requirements per Tuolumne County requirements

• Prepared Final Map for final recordation of minor land subdivision

• Approved Improvement Plans ready for site development improvements/construction

• Road Agreement prepared and approved by Nuemiller and Beardslee, Attorney at Law, Stockton, CA

• Notice of Intent prepared for storm water pollution prevention purposes

• Approved Engineer’s Estimate of probable costs for bonding purposes for the construction of backbone infrastructure per the approved Improvement Plans

• Tuolumne Utilities District Agreement for the service of water and sewer mains for the project

• Approved Soil Report for the purposes of site development improvements

• Approved PG&E plans for joint trench service needs

 

 

The project provides maximum flexibility to the prospective owner/builder such that the project can be built in phases (i.e. one parcel at a time), or may be developed to retain one or more parcels while selling the remaining parcels for cash flow purposes.  In addition to this flexibility, the project also provides the ability to sell individual units in fee title under an approved condominium map.  The prospective owner may then retain individual units for rental purposes, while selling other units in the development for cash flow purposes, thus providing additional revenue opportunities. 

In a time when entitled property is becoming a rare commodity in the state of California, Camage Industrial Park provides a unique opportunity for prospective investors to capitalize on a project with maximum flexibility and cash flow potential.