657Listing ID: 65626GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $950,000
Status : ACTIVE
Size : 2,685
Lot Size (Acres) : 1
License Type : Medical & Recreational
Sale Type : Cash, Financing
Company Name : Big Block Real Estate
Phone : 747-252-2020

Approximately 2,664 sq ft Industrial warehouse located on almost 1 acre of land in King City, currently approved by the City for Type 7 (Volatile) Marijuana Manufacturing, cultivation and distribution. Property also has a provisional annual manufacturing license for Adult and Medicinal Cannabis products from the State of CA. 

King City is also in the process of allowing 2 retail dispensaries in the city and this property is likely to be included in the allowable zoning.

Available for sale, lease option or possibly joint venture

Property is in process for approval of buildout plans to be submitted to the city as well as a power upgrade, and is in the final stage of completion. King City has one of the best tax rates in the State for manufacturing with only a flat $30k a year fee assessed.

20,000 sf of cultivation may be possible on the site, with approval from the city

Tax is figured as follows.

$25 / sf for the first 5,000sf of approved area

$10 / sf  for every square foot after that. 

City Tax is not based on production / sales

Contact Listing Owner
Cannabis & Hemp Banking
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