Posted on March 16, 2021 / 503Listing ID: 251670GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $3,300,000
Status : ACTIVE
Size : 20,000
Lot Size (Acres) : 25
APN : 017-390-032-000, 017-390-033-000
Power (AMPS) : 1600
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Medical & Recreational
City Tax Rate : 2.5%
Year Built : 1982
Utilities : Water, Electricity, Sewer
Sale Type : Cash, Financing, Owner Financing
Company Name : Boncha Holdings LLC- Listed By Big Valley Properties/ Hannah Evans DRE 02094562
Phone : 916-910-3359

Investment Highlights


  • Two State/County 10k Mixed-Light Licenses
  • 20k sf mature canopy / 20k sf immature canopy 
  • Highway 3 Frontage / Easy Access
  • 25 acres / 2 APN#
  • Multiple Water Wells 
  • Upgraded Utility Service 1600amp 3-phase



Prime investment or owner/user opportunity as a mixed-light commercial cannabis facility in the Emerald Triangle. Offering consists of 25 acres of real property, a corporation holding the real estate, a corporation holding the cannabis licenses, developed branding, social media accounts and all FF&E. The current business can be a great revenue generator and is positioned with upside for future license procurement. 


Corner location on Highway 3 and Wildwood Road offers easy access all year long. Each thoroughfare is 70 miles to Redding or Red Bluff. Two access gates offer separate entrance to the home site and the garden site. 


A  30’x30’ metal building near the homesite serves as the drying and packaging area, equipped with a 3-ton mini-split air conditioner/heater, a ceiling mounted Quest 225 dehumidifier and 60+ fabricated 8×8 square+netted hanging racks. 


The 25’x25’ two-car garage serves as a temporary vegetative room and has multiple  220v and 110v ceiling plugs for lighting. The garage is finished and painted and is subdivided with an interior wall and metal door. Two additional 8’x10’ out-buildings serve as tool and dry storage sheds. A six-channel security system covers the homesite property with cameras on each building. 


Carr Creek travels through the property and separates the grow site from the homesite. A 150,000 gallon pond is located next to the homesite. A shallow well provides water to the homesite. A second well is drilled and capped, with salted water. An 8’ privacy wood fence surrounds the homesite and out buildings. 


An Initial Study/CEQA document has been completed and will transfer with the sale of the property. Future expansion intent outlined in the study would allow for the addition of a nursery and distribution license. 


The facility is under redevelopment and capital improvements. The grow season has already began and the plants will enter the greenhouses on May 1. Offering price is subject to change based on infusion of capital and current growth stage of plants. 


Grow Site Details:



10,000 sf Mixed Light County & State License 

60,000sf buildable area

4 – 30’x96’ Greenhouses

Exterior Auto-Depravation + 60lb snowload

800amp 3-phase panel

30 gpm well (supplies both parcels)

10 gpm well (reserve well)

8’x40’ cargo container 



10,000 sf Mixed Light County & State License 

80,000 sf buildable area

Straightwall Hoop Houses

Exterior Auto-Depravation 

Electrical/Mechanical Engineering

3 – 24’x96’

3 – 14’x96’

2 – 2,500 gal water storage tanks

40+ Acres Approved Cultivation on 500+ Acre Property Santa Barbara County
40+ Approved Cannabis Cultivation Acres in the Cap. on 500+ acre property with residences and other improvements.
Contact Jon Ohlgren (Lic#01464358) Radius Group for details: 805-689-7839
Contact Listing Owner
Cannabis & Hemp Banking
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