Listing ID : 674635
Listed On February 12, 2024 260
Listing Updated September 3, 2024
This is a one of a kind opportunity to acquire an indoor cultivation business in Riverside County. The location is an indoor cultivation facility with up to 10,000 sq ft of canopy on 5 acres of agricultural land. There is an approved DCC license and a 10 year Riverside County Development Agreement in place. This business is the first and only licensed cultivator in the unincorporated Riverside county. This sale includes 5 acres of agricultural land, active DCC and local cannabis licenses with approved plans for a 2-story 18,070 sq ft cultivation facility, 2 bed/1.5bath fully furnished caretaker’s residence, guest house, workshop, solar panels, cultivation equipment. The owner has already invested $740k into the property and business to get it to this point.
Embark on a unique opportunity to secure a thriving indoor cultivation enterprise nestled in the heart of Riverside County, CA. This unique facility design created with Ceres Greenhouses and Axis 3 Architects focuses on sustainability, with solar field and battery backups producing 23% of the total electricity, water reclamation system designed to recycle 97% of the irrigation water, along with rainwater harvesting, as well as a geothermal heating and cooling system providing near passive climate controls, designed to produce 3500 pounds of cannabis per year. Positioned as the premier and solitary licensed cultivator in the region, this business offers exclusivity and untapped potential.
Details:
Lot Size: 5 Acres
Real Estate Value: $700k
Not Operational
Power: Site Needs Electrical Upgrade
Water: Well on Property
Capital Invested: $740k
Approved Cultivation License: Up to 10,000 SqFt Canopy
Estimated Startup Total: $4M
License:
Cultivation – Up to 10k SqFT of Canopy
Asking Price: $799,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Carla Estrada, DRE CA LIC# 02220955
Drew Mathews, DRE CA LIC# 02091143
If you have any questions call Carla at 619-952-2929 or Drew (619) 653-0483
Email: pm@glbgroupinc.com or ceo@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
Listing Highlights
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Cannabis & Hemp Banking
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