Posted on June 16, 2021 / 124Listing ID: 264516GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $2,950,000
Status : ACTIVE
Lot Size (Acres) : 44
Cap Rate : 30%
Power (AMPS) : 12,000
Cannabis or Hemp Use Allowed? : Cannabis, Hemp, Cannabis and/or Hemp
License Type : Medical
City Tax Rate : Bells
Year Built : 2020
Utilities : Water, Electricity, Gas, Sewer, Trash
Sale Type : Cash
Phone : 2145870059

Legal Medical Cannabis Farm with a Grow License for Sale

$2.95 million

A 44 acres cannabis farm located in Durant, OK (6 miles north from Texas Border, 45 miles  to Dallas, TX). The farm is uniquely structured with 7 active tenants/grow contractors who pay monthly lease fees plus 15% – 20% of their gross sales. The total yearly rent amount is close to $600k and the projected commission from the annually harvested products are between $600,000 – $1,150,000. The farm has a single wide mobile house (16’ x 72’) that was completed renovated to be used as our office. There are 3 old barns, and one has been remodeled to be a nursery room to grow clones and 200 indoor plants. A working well in an insulated well house is on farm with high quality water (540 ft deep). Two gate entrances were established.

The grow contractors occupy between 1 acre to 6 acres and have built their own greenhouses and paid for their fences (8’ tall chain link with bared wires on top) with green tarp covered. Currently, 51 greenhouses and two metal barns have been in operation. There is large enough space for you to grow your own or process with an additional OMMA processing license. The farm has one grow license for the address and there is more land (22 acres) for additional leasing or self-growing opportunity within the total 44 acres. Heavy equipment is not included in price but negotiable. We will stay to help the new farm owner to get all organized and to learn the whole system for 30 days.

For more information, please call Michell at 214-587-0059

40+ Acres Approved Cultivation on 500+ Acre Property Santa Barbara County
40+ Approved Cannabis Cultivation Acres in the Cap. on 500+ acre property with residences and other improvements.
Contact Jon Ohlgren (Lic#01464358) Radius Group for details: 805-689-7839
Contact Listing Owner
Cannabis & Hemp Banking
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