Listing ID : 825191
Listed On July 30, 2024 143
Listing Updated July 31, 2024
Available for purchase is 19.28-acres (a single APN) of agricultural land zoned for outdoor cannabis cultivation. Currently on the property, there are multiple tenants, all legally licensed in the city of San Jacinto and with the state.
Built in 2001, the owner spent over $1.25MM developing this property.
This is an income producing property generating $87,513/month from lease income ($1,050,156/annual) with strong tenants, with multiple years remaining on the lease.
The property feature:
- Multiple tenants generating high monthly income
- Ability for an Owner/User to step in and use part of the land
- Existing Hoop Houses
- 500′ deep water well (free water given to tenants)
- Parking lot with newly paved asphalt
- Security Gates
- Two Trash Dumpster Enclosures (with weekly trash service)
- Administrative Trailer
- Paved drive-way entrance
- 6′ Chainlink Fencing Throughout
- Privacy Screens Throughout
- Electrical hookup ran; SCE Pad-Mounted Transformer
This is for sale by the Owner.
Please contact Clinton@icgproperty.com for more information.
DO NOT disturb other tenants.
Various parcels ranging from 5-100 acres of healthy pasture and agriculture land for lease.Currently the various fields are set up for either hemp, ha
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Cannabis & Hemp Banking
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