Posted on March 24, 2022 / 133Listing ID: 373190APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $1,595,000
Status : ACTIVE
Size : 10,000 Canopy
Lot Size (Acres) : 40
APN : 053-007-016-000
Power (AMPS) : 220v and 110 V Electricity
Cannabis or Hemp Use Allowed? : Cannabis, Hemp, Cannabis and/or Hemp
License Type : Recreational
Year Built : 2004
Utilities : Water, Electricity, Trash
Sale Type : Cash
Company Name : James Capital Advisors
Phone : (323) 821-9441

The Offering

Do you have a dream to own your own farm and or cannabis farm? James Capital Advisors is pleased to present an amazing opportunity to live on your own 40-acre parcel zoned for agricultural uses with a home! It already has a 10,000 SF turnkey, licensed organic mixed-light cannabis farm with 19 light-dep automated greenhouses. The residence on-site is a beautiful 2,989 SF contemporary 3-bedroom 2 bath home with a paved driveway. It is a beautiful, lush sprawling property where you can expand the Cannabis canopy another 12,000 SF, add other crops and or livestock, and diversify your farm.

The Cannabis farm is currently built-out and turnkey with 19 light dep automated greenhouses equaling 10,000 SF of Canopy. Each greenhouse has three 4 x 46 FT raised beds with organic soil and drip irrigation installed. They all have 220v and 110 V Electricity: 3 phases available on site. Additionally, for drying/curing and processing there is a 1200 sq ft engineered metal building with F1 occupancy on site. The farm is equipped with an RO system producing 300 GPH and 25.000-gal water tanks. The current cost for production is approx. $180 per lb. Farm produces approximately 2,000 to 2,200Lbs a year.

There is a value-add component to this deal by adding an additional 12,000 SF of canopy for a total of 22,000 SF of canopy more than doubling the production. You can also upgrade the greenhouses to increase production to 5 runs a year rather than the current 3 runs a year. Also, the county allows changing the mixed light to a 10,000 SF canopy indoor or 43,000 Sf outdoor.

Live On Your Farm – Opportunity to live in a contemporary home on this 40 acre lot zoned A1 agricultural which allows for other crops, livestock, and a “fruit” stand-out front.

Turnkey Cannabis Licensed Operation In Place – Property has a 10,000 SF turnkey cannabis operation built out and operational ready for you to plant your own strains. (cannot sell cannabis at the fruit stand out front).

Lovely contemporary 2,989 SF Single Family Residence – 2004 built contemporary home with 3 bedrooms and 2 bathrooms placed at the back of the property with a paved driveway.

Cannabis License Is Expandable And Green Houses Upgradeable –  The current 10,000 SF canopy license can be easily expanded another 12,000 SF to have a total of 22,000 SF of canopy, and the Greenhouses can be upgraded to be better enclosed and be able to grow a higher quality of flower.

Seller Open To A One Year Lease Back The Grow For One Year For 15,000 A Month Gross – Seller open to a one year lease back of ONLY THE GROW for one year after close of escrow for $15,000 a month gross equalling $180,000 a year. approximately a 8.7% cap rate.

Angels Camp Is Central To Several Cannabis Markets – Angel’s Camp is about an hour out of Stockton and an hour and a half from Sacramento.

Fully Licensed 7200sqft Indoor/ 5 acre Outdoor Grow on 10 acres near Texas Border in Madill Oklahoma
OMMA/OBNDD/Nursery Licensed Grow in Madill, OK for sale.VIEW LISTING
Contact Listing Owner
Cannabis & Hemp Banking
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