Posted on October 19, 2020 / 1185Listing ID: 83738APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $3,750,000
Status : ACTIVE
Size : 871850
Lot Size (Acres) : 20
Cap Rate : 46
APN : 0459-113-03
Cannabis or Hemp Use Allowed? : Cannabis
Sale Type : Owner Financing
Company Name : David Lyng Real Estate
Phone : 408-497-3989

The City of Adelanto, CA was among the first cities in California to approve industrial cultivation.  Ready-to-build turnkey and affordable commercial and retail facilities for cannabis related operations including cultivation, manufacturing, distribution, transportation. Approved for 10 new building totaling 324,000 sf on a 20-acre site.  Adopted Mitigated Negative Declaration (MND), Approved Location and Development Plan (LDP 18-15) and Conditional Use Permit (CUP 18-17). Resolution #19-25. Current approval good to 12/18/2021.  The permitted use of Medical Marijuana Cultivation allows use in this specified industrial zone.  Eight Warehouse buildings total 297,678 sf and 6 are 44,260 sf divided in 2 units each of 22,130 sf and 2 buildings are 12,658 divided into 2 units each of 6,239 sf, all building have 625-779 sf office space each. Ceiling height 20 at center. Two retail buildings total 26,878 sf and are 12,072sf, and 14,806 sf.

Cannabis Industry Appraisal Services
With over 25 years experience appraising complex commercial property, Val-Com Appraisal  is confident that we can handle your cannabis property appraisal and business valuation needs, and exceed your expectations regarding cost and turn time.GET MORE INFO
Contact Listing Owner
Cannabis & Hemp Banking
You May Also Like