Cannabis & Hemp Insurance
Price : $3,800,000
Listing Type : Greenhouses For Sale
Status : ACTIVE
Size : 82000
Lot Size (Acres) : 4 Acres
Power (AMPS) : (4) 2500amp 3 Phase Connected to Grid
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Medical & Recreational
City Tax Rate : $9.75 per sq ft cultivation
Year Built : 2020
Sale Type : Cash, Financing, Owner Financing
Utilities : Water, Electricity, Gas, Sewer, Natural Gas, Trash
Company Name : Alternative Real Estate Investments, Inc dba Cannabis Real Estate Consultants
Phone : 8052802659


• Existing Development – Excellent Location

• 4+ Acres Designed & Partially Developed

• Can Be Subdivided Into 1, 2, 3, or 4 Lots

• $3,000,000.00 already spent on this project.  Utility infrastructure completed.  One 20,000 sq ft greenhouse and type 7 manufacturing head house are at ~70% completion and can be 100% completed in ~4 months, ready for the upcoming season.

Includes 12 Existing City Approved Permits:

• 4 cultivation permits; 82,000 sf plant canopy

• 4 type 7 manufacturing permits

• 4 distribution permits

King City has one of the lowest net tax rate for a vertically integrated cannabis business company in California. The Cultivation tax is now $9.75 per sf.

King City allows NEW GREENHOUSES to be built. Type 7 Manufacturing tax is $30,000 flat a year in King City. Distribution and Non-Store Front Dispensary “Delivery” are both zero tax in King City. And unlike most cities and counties – King City’s CEQA review is compliant, which means all projects will receive pre-CEQA clearance. A savvy investor or company understands how significant that is.

Listed By:

STEVE B – DRE # 02116483
Alternative Real Estate Investments, Inc

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