100 West Las Palmas, Patterson ($4,350,000)

Existing warehouse Industrial Building. Opportunity Zone. Flexible Space for a variety of markets and manufacturers.

GREEN ZONE property (1 Tenant Operated Dispensary)

Located within boundaries of an Opportunity Zone.
This federal program provides tax benefits to this heavy industrial area by reducing capital gains taxes based on the length of investment, and deferment on taxes owed. (Best to discuss with your CPA)

Patterson Frozen Foods was founded in 1946 and later sold to Patterson Vegetable Co. who had roughly 300 full-time, year-round employees, and nearly 600 seasonal workers. It was the second largest employer in the Patterson area.

Leave a Reply