Posted on October 19, 2021 / 30Listing ID: 290210APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $1,800,000
Status : COMING SOON
Size : 3260
Lot Size (Acres) : 21
Cap Rate : 5.2
Cannabis or Hemp Use Allowed? : Cannabis and/or Hemp
License Type : Recreational
Utilities : Water, Electricity, Gas
Sale Type : Cash, Financing

3260 sf single family home (4 bedroom, 3 bath, and a large extra office/playroom not counted in the sf)  located on beautiful 21 acre farm.  House is in great shape and has been managed by a property management company.  Zoned EFU.  Co-op electric (cheapest rates). Pond, apple trees, and accessory buildings located on property.  Used to be an alpaca farm with barn stalls. 

House is being rented to a professional tenant. 

3500 sf barn is being rented to a separate tenant that is operating an OLCC approved business. 

Fields are being rented for growing hay. 

Start earning monthly passive rental income immediately.  Property is in beautiful 21-acre setting and close to town.  Fields can be used for vineyard.  Large pond on the farm.  Surface water rights.  Additional buildings and LUCS already priorly approved by the city which would need to be re-applied.

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In a separate transaction, there are 3 OLCC licenses [tier 2 production indoor 8600 sf (can extend to 10,000 sf)], processing (solvent less extraction), and wholesale that are available for purchase.  Equipments are also available.  These licenses can be transferred to this property easily since it has been pre-approved by County and City.  Contact if just interested in licenses/equipment/and opportunity to purchase and/or transfer OLCC licenses to this property.  Owner is receptive to having additional businesses on the 21-acre property.

Photos only if funding and heavy interest.  Can be a quick transaction and legal fees need to be covered by you to secure interest and purchase.

Fully Licensed 7200sqft Indoor/ 5 acre Outdoor Grow on 10 acres near Texas Border in Madill Oklahoma
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Contact Listing Owner
Cannabis & Hemp Banking
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