649,000 Santa Cruz CA commercial license avail Owner Carry

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Price : 649,000

Listing Type : Land For Sale

Status : ACTIVE

Lot Size (Acres) : 16

APN : 08814129/30

Power (AMPS) : 200

Cannabis or Hemp Use? : Cannabis and/or Hemp

Medical or Recreational : Both

Sale Type : Cash, Financing, Owner Financing

Utilities : Water

Two adjacent parcels 8acres each can be combined to qualify for commercial License. County cannabis supervisor already confirmed see attached emails. Water year around no power but 200amp 3phase whisper watt available. Spring water year around the owner never had to drill a well with **rights to use spring water very rare**
Only 20 min drive to San Jose and 5min to Los Gatos this is prime real estate. Owner is retired and wants to liquidate their assets and doesn’t know he sitting on a gold mine, summit your offer quickly.

Approved for 10,000 sq ft greenhouse.
Property is owned free and clear
Owner financing available with only 20% down.
6% interest only paid monthly
Annual balloon payments
Owner willing to carry up to 5 years

Example:
Sale price $649,000
Down payment $150,000
Owner carry $500,000
Interest 6% on 500k= $2,500 monthly for the first year, cheaper every year after that.
Annual balloon payment required.

Traditional or Licensed your ready to go.

Capacity to produce 500lbs each run x 4 times a year= 2,000lbs legally makes 5 Million in gross revenue if sold at the local rates of $1400 for deps.

Contact Bob to put an offer in.
MJ real estate llc
213 212 3000