Posted on April 8, 2020 / 215Listing ID: 72086APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $2,397,000
Status : ACTIVE
Lot Size (Acres) : 121
Cap Rate : 95010
Cannabis or Hemp Use Allowed? : Cannabis, Hemp
Utilities : Water, Electricity
Company Name : Schneider Estates Inc
Phone : 8316006550

Residential Ag Land appraised for over $3 million Oct. 2019. Two parcels can split to 3 parcels & 3 building sites. The smaller 31+ parcel has SU zoning as well. As the owner you have the opportunity for unlimited hemp cultivation, vineyards, mushrooms, all agriculture usages. Water source taps into the San Andrea Aquifer producing stellar water at a rate of over 43k g/p/d with a metered power pole at the well. Merchantable Redwood Timber of about 40 acres valued at about $318k in timber report. The mediterranean climate rarely freezes, has little fog. The lot is quiet and private, 20 minutes to highway one and one hour to central San Jose at about 600 feet elevation. Current improvements : Soil erosion Control, Metered PG&E pole on the property, Concrete engineered road with culverts to the lot, existing septic system on site, existing structure on site with permitted foundation, irrigation system in place in main meadow for crop cultivation. Possible additional 25 acres or sale. WOW!

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